Question: A local bank claims that the waiting time for its customers to be served is the lowest in the area. A competitor's bank checks the waiting times at both banks. Assume the samples are random and Independent, and the populations are normally distributed. Test the local bank's claim assuming that they have equal variances. Use a = 0.05, (Round to 4 decimal places for all parts) Competitor Bank = 5.6 minutes S1.0 minutes n= 16 Explain what type of statistical testing you will perform and what conditions are met. Local Bank I 5.3 minutes S-1.1 minutes = 15 He a Which hypothesis represents the claim? Circle: Null Hypothesis or Alternative Hypothesis Find the critical values of the rejection region. (Show.calculator function used, values plugged inte salculator function,and final answer rounded to 4 decimals. Sketch the rejection region on the normal.curve) Test this hypothesis. (Show original formula, values then plugged into formula. and final answer rounded to 4 decimals) Write a conclusion in context of this problem. At_% level of significance, there enough evidence to the claim that
Question: A local bank claims that the waiting time for its customers to be served is the lowest in the area. A competitor's bank checks the waiting times at both banks. Assume the samples are random and Independent, and the populations are normally distributed. Test the local bank's claim assuming that they have equal variances. Use a = 0.05, (Round to 4 decimal places for all parts) Competitor Bank = 5.6 minutes S1.0 minutes n= 16 Explain what type of statistical testing you will perform and what conditions are met. Local Bank I 5.3 minutes S-1.1 minutes = 15 He a Which hypothesis represents the claim? Circle: Null Hypothesis or Alternative Hypothesis Find the critical values of the rejection region. (Show.calculator function used, values plugged inte salculator function,and final answer rounded to 4 decimals. Sketch the rejection region on the normal.curve) Test this hypothesis. (Show original formula, values then plugged into formula. and final answer rounded to 4 decimals) Write a conclusion in context of this problem. At_% level of significance, there enough evidence to the claim that
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.6: Higher-degree Polynomials And Rational Functions
Problem 5E: Population Genetics In the study of population genetics, an important measure of inbreeding is the...
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