An online retailer ships products from overseas with an advertised delivery date within 10 days. To test
Question:
An online retailer ships products from overseas with an advertised delivery date within 10 days. To test whether or not deliveries are made within the advertised time, a random sample of 36 orders is selected from a normal population. The sample mean delivery time is 12 days, and the known population standard deviation is 3 days. Conduct the following test of hypothesis using the 0.01 significance level:
H0: µ ≤ 10
H1: µ > 10
(a) Is this a one- or two-tailed test?
(b) What is the decision rule?
(c) What is the value of the test statistic?
(d) What is your decision regarding H0?
(e) Determine the p-value and interpret it.
Step by Step Answer:
Basic Statistics For Business & Economics
ISBN: 9781259268939
6th Canadian Edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite