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A bank manager wants the average time that a customer waits in line to be at most 3 minutes. Customers at the bank have complained about the long wait times. To test whether the average wait time at the bank is greater than 3 minutes, 60 customers were randomly selected as they entered the bank and their wait times were recorded. The mean wait time was 4.7 minutes. A one-sample t-test resulted in a p-value of 0.00031. Which of the following is an appropriate interpretation of the p-value? The probability that the population mean wait time is greater than 3 A minutes is 0.00031. The probability that the sample mean wait time is greater than 3 minutes is В 0.00031. If the population mean wait time is greater than 3 minutes, the probability of observing a sample mean wait time C of 4.7 minutes or more is 0.00031. If the population mean wait time is 3 minutes, the probability of observing a sample mean wait time of 4.7 minutes is 0.00031. If the population mean wait time is 3 minutes, the probability of observing a sample mean wait time of 4.7 minutes or more is 0.00031.

A bank manager wants the average time that a customer waits in line to be at most 3 minutes. Customers at the bank have complained about the long wait times. To test whether the average wait time at the bank is greater than 3 minutes, 60 customers were randomly selected as they entered the bank and their wait times were recorded. The mean wait time was 4.7 minutes. A one-sample t-test resulted in a p-value of 0.00031. Which of the following is an appropriate interpretation of the p-value? The probability that the population mean wait time is greater than 3 A minutes is 0.00031. The probability that the sample mean wait time is greater than 3 minutes is В 0.00031. If the population mean wait time is greater than 3 minutes, the probability of observing a sample mean wait time C of 4.7 minutes or more is 0.00031. If the population mean wait time is 3 minutes, the probability of observing a sample mean wait time of 4.7 minutes is 0.00031. If the population mean wait time is 3 minutes, the probability of observing a sample mean wait time of 4.7 minutes or more is 0.00031.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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A bank manager wants the average time that a customer waits in line to be at most 3 minutes. Customers at the bank have complained about the long wait times. To test whether the average wait time at the bank is greater than 3 minutes, 60 customers were randomly selected as they entered the bank and their wait times were recorded. The mean wait time was 4.7 minutes. A one-sample t-test resulted in a p-value of 0.00031. Which of the following is an appropriate interpretation of the p-value? The probability that the population mean wait time is greater than 3 A minutes is 0.00031. The probability that the sample mean wait time is greater than 3 minutes is В 0.00031. If the population mean wait time is greater than 3 minutes, the probability of observing a sample mean wait time of 4.7 minutes or more is 0.00031. If the population mean wait time is 3 minutes, the probability of observing a sample mean wait time of 4.7 minutes is 0.00031. If the population mean wait time is 3 minutes, the probability of observing a E sample mean wait time of 4.7 minutes or more is 0.00031.
Transcribed Image Text:A bank manager wants the average time that a customer waits in line to be at most 3 minutes. Customers at the bank have complained about the long wait times. To test whether the average wait time at the bank is greater than 3 minutes, 60 customers were randomly selected as they entered the bank and their wait times were recorded. The mean wait time was 4.7 minutes. A one-sample t-test resulted in a p-value of 0.00031. Which of the following is an appropriate interpretation of the p-value? The probability that the population mean wait time is greater than 3 A minutes is 0.00031. The probability that the sample mean wait time is greater than 3 minutes is В 0.00031. If the population mean wait time is greater than 3 minutes, the probability of observing a sample mean wait time of 4.7 minutes or more is 0.00031. If the population mean wait time is 3 minutes, the probability of observing a sample mean wait time of 4.7 minutes is 0.00031. If the population mean wait time is 3 minutes, the probability of observing a E sample mean wait time of 4.7 minutes or more is 0.00031.
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