Question: Please let me know if this answer is correct =tinv(.02,23) QUESTION 5 Suppose that an estimate of General Motors delivery times is based on a

Please let me know if this answer

is correct =tinv(.02,23)

Please let me know if this answer is correct =tinv(.02,23) QUESTION 5

QUESTION 5 Suppose that an estimate of General Motors delivery times is based on a sample of 24 orders. If we wish to conduct a test of whether the average delivery times are over 4.5 weeks at an alpha of .01 , we would obtain the t-multiple using the Excel command: A =tinv(.02,24) o =tinv(.02,23) A =tinv(.01,23) (j =tinv(.005,24) A =tinv(.01,24)

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!