Compute the value of the test statistic

Assignment Help Business Management
Reference no: EM132394132

The waiting time for customers for MacBurger Restaurants follows a normal distribution with a population standard deviation is 1 minute. At the Warren Road MacBurger , the quality-assurance department sampled 50 customers and found that the mean waiting time was 2.75 minutes. At the 0.05 significance level, can we conclude that the mean waiting time is less than 3 minutes?

Compute the value of the test statistic

Reference no: EM132394132

Questions Cloud

Prepare an income statement for the year ending December : Prepare an income statement for the year ending December 31, 2009. Prepare a retained earnings statement for the year ending December 31, 2009\
State what the metaphor refers to : State what the metaphor refers to. What does it mean? (Try your best to do this without using another metaphor, although you may find this very difficult).
Discuss the laboratory testing that can be done : Discuss the laboratory testing that can be done. Describe if chromosomal analysis is/was indicated, and detail the chromosomal change that caused the disease.
Developing accountability in risk management : Developing Accountability in Risk Management. How do outcomes, causes, and risks differ, and what are the implications of confusing these?
Compute the value of the test statistic : At the 0.05 significance level, can we conclude that the mean waiting time is less than 3 minutes?
Implications of having fiber-optic cable to everyone home : What are the implications of having fiber-optic cable to everyone's home? How do you feel about the net neutrality issue?
Compute the value of the test statistic : Compute the value of the test statistic. (Round your answer to 2 decimal places)
Find the probability that a single randomly selected : A population of values has a normal distribution with µ=247 and s= 62.2. You intend to draw a random sample of size n=16.
Probability that you will succeed in completing a flush : Calculate the probability that you will succeed in completing a "flush".

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd