Find value of test statistic mean time to correct shipment

Assignment Help Basic Statistics
Reference no: EM13156698

The customer service department claims that the mean time to correct a shipping error is 10 minutes. A random sample of 60 claims from company records showed the mean to be 9.2 minutes with a standard deviation of 4.7 minutes. At the .02 significance level can we conclude that the mean time to correcting a shipment is less than 10 minutes? Do the following:

a. State the null hypothesis and the alternate hypothesis
b. State the decision rule
c. Compute the value of the test statistic
d. What is your decision regarding Ho?

Reference no: EM13156698

Questions Cloud

Illustrates to the first experimental principle : Explain what happens in these two markets as the number of sellers drops to only one seller. c) explain how part b) illustrates to the first experimental principle
Salt in the ancient world : I need some ideas on how to write an essay about the importance of salt in the ancient world. I don't understand why it was so important if everybody had access to the sea. How do I start writing this?
Discuss the four components of a legally astute social media : Discuss the four (4) components of a legally astute social media marketing manager who utilizes social media outlets for consumer transactions.
Depreciation expense using double-declining balance method : Calcuate the depreciation expense using the double-declining balance method for the first two years the equipment is owned.
Find value of test statistic mean time to correct shipment : At the .02 significance level can we conclude that the mean time to correcting a shipment is less than 10 minutes? Do the following: Compute the value of the test statistic.
Calculate kp for the reaction : When heated, ammonium carbonate decomposes as follows. NH4CO2NH2(s) -> 2NH3(g)+CO2(g) At a certain temp, the equilibrium pressure of the system is 0.318 atm. Calculate Kp for the reaction.
Difference between average revenue and marginal revenue : Describe the difference between average revenue and marginal revenue .why are both of these revenue measures important to a profit-maximizing firm?
The government imposes a limit on what producers may charge : the government imposes a limit on what producers may charge. cite at least two other ways the consumers may be "paying" for these goods
Balance sheet at what amount : At December 31, 2010, the property, plant and equipment was appraised at 5,325,000 euros. The property, plant and equipment will be reported on the December 31, 2010 balance sheet at what amount?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Testing the equality of population means

Find the test statistic value for testing the equality of population means of the two samples.

  Waiting time of customers for service normal distribution

The MacBurger restaurant chain claims that the waiting time of customers for service is normally distributed,

  Probability of finding two or more defects in sample

A square yard of carpet is examined for surface defects. Currently, the process produces an average of 2.4 defects per square yard. What is the probability of finding 2 or more surface defects in the sample.

  Length of stay of workers at the company differs

Can we compute the mean length of stay of workers at the company differs from the mean length of stay at that dangerous industry.

  Question regarding random sampling

A quality inspector is interested in the time spent replacing defective parts in one of the company's products. The average time spent should be at most 20 minutes per day according to company standards.

  Probability that average life will be less than eight years

In a sample of 32 DVD players, what is the probability the average life will be less than 8 years (96 months)? (please round your answer to 4 decimal places).

  Probabilities of the given events

In a binomial distribution n = 8 and π = 0.2. Determine the probabilities of the following events.

  Confidence interval for mean bmi

In a previous example about the body mass index of young women we developed a 95% confidence interval for the mean body mass index

  Ratio level of scaling

Which of the examples below represent the Ratio level of scaling?

  Confidence interval for difference between two means

What is the 95% confidence interval estimate for the difference between the mean reflectivity reading for Paint A and Paint B? Please complete the blank: "we can be 95% confident that the true difference between the actual means is?

  Confidence interval estimate of mean undergraduate gpa

Standard deviation can be assumed known with Q=.28 What is the 95% confidence interval estimate of the mean undergraduate GPA for students admitted to the top graduate schools?

  Current value of raised revenue from a new airport

It could not do anything with the airport and suffer a loss of revenue. The current value of raised revenue from a new airport is in question.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd