Question: need help in this probability and statistic question with clear steps and 4 decimal place, thank you Question 1 {10 marks} Assume that the waiting

need help in this probability and statistic question with clear steps and 4 decimal place, thank you

need help in this probability and statistic question with clear steps and

Question 1 {10 marks} Assume that the waiting times by customers at a certain bank are normally distributed. A random sample of 10 customers is drawn and their waiting times (in minutes) are recorded as below: 13 15 16 22 8 13 7 9 15 16 (a) Find the sample mean and the sample standard deviation. (1:) Construct a 95% confidence interval estimate for the mean waiting time of all customers. (c) The bank manager claims that \"The population mean waiting time is less than 10 minutes\". Do you agree\"? Explain your

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!