The Simone Company is considering a new computer program to speed up the processing of its inventory.

Question:

The Simone Company is considering a new computer program to speed up the processing of its inventory. Two programs are being considered: Program A and Program B. To test the programs, 50 employees were divided into two groups of 25. The mean processing time of Program A was 30 seconds, with a standard deviation of 5 seconds. The mean processing time of Program B was 28 seconds, with a standard deviation of 3 seconds. Is there a difference in the speed of the two programs? Choose an appropriate significance level. Calculate and interpret the p-value.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Basic Statistics For Business & Economics

ISBN: 9781259268939

6th Canadian Edition

Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite

Question Posted: