QuickHelper

(10)

$20/per page/

About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 356 Weeks Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 31 Aug 2017 My Price 11.00

stats 2 questions

Question description

 

Question 1 (25 points)

The waiting time for customers at MacBurger Restaurants follows a normal distribution with a population standard deviation of 1 minute. At the Warren Road MacBurger, the quality- assurance department sampled 50 customers and found that the mean waiting time was 2.75 minutes. At the 0.05 significance level, can we conclude that the mean waiting time is less than 3 minutes? Hint: Use the Hypothesis Testing Sigma Known template.

Question 2 (25 points)

The mean income per person in the United States is $40,000, and the distribution of incomes follows a normal distribution. A random sample of 10 residents of Wilmington, Delaware, had a mean of $50,000 with a standard deviation of $10,000. At the 0.05 level of significance, is that enough evidence to conclude that residents of Wilmington, Delaware, have more income than the national average? Hint: Use Hypothesis Testing Sigma Unknown template.

Attachments:

Answers

QuickHelper
(10)
Status NEW Posted 31 Aug 2017 06:08 PM My Price 11.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l

Not Rated(0)