subject
Mathematics, 07.11.2019 23:31 aly02

The bank manager wants to show that the new system reduces typical customer waiting times to less than 6 minutes. one way to do this is to demonstrate that the mean of the population of all customer waiting times is less than 6. letting this mean be µ, in this exercise we wish to investigate whether the sample of 95 waiting times provides evidence to support the claim that µ is less than 6. for the sake of argument, we will begin by assuming that µ equals 6, and we will then attempt to use the sample to contradict this assumption in favor of the conclusion that µ is less than 6. recall that the mean of the sample of 95 waiting times is picture = 5.38 and assume that σ, the standard deviation of the population of all customer waiting times, is known to be 2.25.

(a) consider the population of all possible sample means obtained from random samples of 95 waiting times. what is the shape of this population of sample means? that is, what is the shape of the sampling distribution of picture ?

normal because the sample is (click to select)smalllarge.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:10
Abox contains 1 plain pencil and 4 pens. a second box contains 5 color pencils and 5 crayons. one item from each box is chosen at random. what is the probability that a plain pencil from the first box and a color pencil from the second box are selected? write your answer as a fraction in simplest form.
Answers: 1
question
Mathematics, 21.06.2019 16:20
An equation representing lyle’s hedge-trimming business is a = 12n - 300 where a is the amount of profit or loss in dollars and n is the number of hedges trimmed. how would the graph of lyle’s business change if the equation a = 10n - 300 represented his business? the graph would be flatter. the graph would be steeper. the graph would start closer to the origin. the graph would start lower on the y-axis.
Answers: 2
question
Mathematics, 21.06.2019 16:30
Scott harris can invest $7,000 in a 1-year cd that earns interest at an annual rate of 4 percent compounded monthly. the amount per $1.00 is 1.040742. he can also invest $7,000 in a 1-year cd at annual rate of 4 percent compounded quarterly. the amount per $1.00 is 1.040604. what is the difference in the amount of interest earned for each investment? a) $0.96 b) $0.81 c) $0.87 d) $0.88
Answers: 1
question
Mathematics, 21.06.2019 18:30
Isuck at math ; ^; m a student solved this problem and said the answer is 3 feet. chase had a roll of ribbon that contained 7 7/8  feet of ribbon. he cut off one piece that was 3 5/8  feet long and another piece that was 1 1/4  feet from the roll. how much ribbon was left on the roll? is the student's answer reasonable? yes, the answer is reasonable. no, the answer is not reasonable. it should be about 2 feet. no, the answer is not reasonable. it should be about 13 feet. no, the answer is not reasonable. it should be about 4 feet.
Answers: 1
You know the right answer?
The bank manager wants to show that the new system reduces typical customer waiting times to less th...
Questions
question
English, 29.04.2021 15:50
question
English, 29.04.2021 15:50
Questions on the website: 13722362