You are the manager of a restaurant for a fast-food franchise. Last month, the mean waiting time

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You are the manager of a restaurant for a fast-food franchise. Last month, the mean waiting time at the drive-through window for branches in your geographic region, as measured from the time a customer places an order until the time the customer receives the order, was 3.7 minutes. You select a random sample of 64 orders. The sample mean waiting time is 3.57 minutes, with a sample standard deviation of 0.8 minute.
a. At the 0.05 level of significance, is there evidence that the population mean waiting time is different from 3.7 minutes?
b. Because the sample size is 64, do you need to be concerned about the shape of the population distribution when conducting the t test in (a)? Explain. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistics For Managers Using Microsoft Excel

ISBN: 772

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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