Question
USE THE FOLLOWING INFORMATION FOR QUESTIONS 17 - 18. 17. Suppose a grocery store is considering the purchase of a new self-checkout machine that might
USE THE FOLLOWING INFORMATION FOR QUESTIONS 17 - 18.
17. Suppose a grocery store is considering the purchase of a new self-checkout machine that might get customers through the
checkout line faster than their current machine. Before he spends the money on the equipment, he wants to know if the customers will check out faster with the new machine compared to the current machine. The store manager recorded the checkout times, in seconds, for a randomly selected sample of checkouts from each machine. The summary statistics are provided in the table below, which is also provided in the Excel sheet for this question.
Sample size | Sample mean | Sample SD | |
Current machine | 51 | 128.4 | 29.8 |
New machine | 48 | 113.0 | 24.2 |
Assuming that you will conduct a two sample t-test, what is standard error for currentnew? Answer to three decimal places as needed.
18. The manager finds the following 90% confidence interval for the difference in means using currentnew: (6.36, 24.44).
Is the new machine significantly faster? Make a concluding sentence for the hypothesis test that would be used to answer this question, explaining how you came to your conclusion. In your answer, include the significance level () for this test.
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