Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
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Category > Management Posted 09 Jul 2017 My Price 9.00

null hypothesis

Your organization has a goal of 15 days for the average processing of a purchase request (PR) from notification to final approval. They are only concerned if it takes longer than 15 days. A sample of 25 PRs produced a mean of 15.5 days and a standard deviation of 1.5 days. Test at the 10% level of significance whether they are meeting their goal. Select the correct answer out of each pair of choices. (Carry intermediate calculations to three decimal places.)

 
 
 
               The tp is 1.711
               The tp is 1.318

                The tc is 1.667
               The tc is 5.000

               We would reject the null hypothesis
               We would fail to reject the null hypothesis

                We would conclude that the organization is meeting their goal.
               We would conclude that the organization is not meeting their goal

 

Answers

(5)
Status NEW Posted 09 Jul 2017 12:07 PM My Price 9.00

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