opened. A sample of 24 customers was selected, and their mean waiting time to check out was 4.1 minutes, with a sample standard deviation of 2.1 minutes. At the 0.05 significance level is there evidence that the population mean waiting time to check out is less than 4.75 minutes? a. What are the null and alternate hypotheses? H0: ______ _________ 4.75 H1: ______ _________ 4.75 b. What is the level of significance? (Round your answer to 2 decimal places.) c. Compute the value of the test statistic? (2 points) (Round your answer to 3 decimal places. Negative values should have a minus sign in
The population
a. What are the null and alternate hypotheses?
H0: ______ _________ 4.75
H1: ______ _________ 4.75
b. What is the level of significance? (Round your answer to 2 decimal places.)
c. Compute the value of the test statistic? (2 points) (Round your answer to 3 decimal places. Negative values should have a minus sign in front of them)
d. Determine the p-value (Round your final answer to 4 decimal places.)
e. What is your decision regarding the null hypothesis? multiple choice:
Reject the null.
Fail to reject the null.
f. Interpret the result.
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