A restaurant chain claims that the waiting time for customers is 8 minutes with a population standard
Fantastic news! We've Found the answer you've been seeking!
Question:
A restaurant chain claims that the waiting time for customers is 8 minutes with a population standard deviation of 1 minute. The quality control department found in a sample of 50 customers that the mean waiting time was 2.75 minutes. At the 0.05 level of significance, can you conclude that the mean waiting time is less than 3 minutes? Demonstrate the procedure and explain your answer.
Related Book For
Business Law Today The Essentials Text and Summarized Cases
ISBN: 978-1305574793
11th edition
Authors: Roger LeRoy Miller
Posted Date: