Test software package reduced average time for deliveries

Assignment Help Basic Statistics
Reference no: EM13123527

This is exactly how my teacher posted the question to me. To decrease the amount of time it takes to deliver packages, a delivery company purchased computer software that finds the optimal route for making deliveries based upon the input of the package destinations. In the past the average amount of time it took to complete deliveries was 9.4 hours with a standard deviation of 0.8 hours. Since purchasing the software the average delivery time over twenty delivery days was 8.6 hours. At the 0.05 level of significance, test whether the software package has reduced the average time it takes to complete deliveries.

Reference no: EM13123527

Questions Cloud

Explain how much orange recognize for federal tax purposes : In its applicable financial statements, Orange reported $4,000 in 2009, $24,000 in 2010 and $20,000 in 2011 as gross revenues. Explain how much of the $48,000 must Orange recognize for federal tax purposes in 2009, 2010 and 2011
Linear equations-linear equalities : Explain in simple terms how solving linear equations is similar and different than solving linear inequalities. Cite and explain three examples.
What is the effective annual rate : A local finance company quotes a 16.8 percent interest rate on one-year loans. So, if you borrow $30,000, the interest for the year will be $5,040. Because you must repay a total of $35,040 in one year, the finance company requires you to pay $35,..
Culturally appropriate and linguistically sensitive material : Identify the following components for a lesson you might want to teach intended grade level for instruction
Test software package reduced average time for deliveries : Since purchasing the software the average delivery time over twenty delivery days was 8.6 hours. At the 0.05 level of significance, test whether the software package has reduced the average time it takes to complete deliveries.
What must be the amount of quarterly lease payments : Manning Imports is contemplating an agreement to lease equipment to a customer for five years. Manning normally sells the asset for a cash price of $100,000. Assuming that 8% is a reasonable rate of interest.
Explain how much federal income tax does he have to pay : William Nowland’s filing status is qualifying surviving spouse. His taxable income for 2011 is $76,000. Included in that amount is $5,000 of qualified dividends. Explain how much federal income tax does he have to pay for the year
Quadratic relationships in either nature or business : Give examples of Quadratic relationships in either nature or business, Remember, a quadratic relationship
Initial investment in fixed assets : What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Cumulative percentage distribution for average airfares

Construct a frequency distribution, percentage distribution, and cumulative percentage distribution for average airfares.

  Regression model

What is the equation for this regression model?

  Modelling using the poisson probability distribution

The number of hurricanes that are formed during each hurricane season can be modeled using the Poisson probability distribution.

  Correlation between variables

Demonstrates clearly and fully the ability to use Excel to perform the correlation for the data set.

  Find probability systolic blood pressure is between a range

Standard deviation 13. in a random sample of 32 womrn aged 18-24, find the probability that the average systolic blood pressure is between 110 and 120 mm hg.

  Compute a 95% confidence interval for the mean

Compute a 95% confidence interval for the mean using the formula and where is the mean of the ten random numbers.

  Priori probability-empirical-subjective probability

For each of the following, indicate whether the type of probability involved is an example of a priori probability, empirical probability, or subjective probability.

  Find probability to get all blue marbles

A box contains 5 red marbles and 10 blue marbles. You can take 3 marbles at random, without replacement. What is the probability of winning this game?

  To find the probability of rolling pair of dice

Consider the experiment of rolling a pair of dice. Suppose that we are interested in the sum of the face values showing on the dice.

  Mean weekly family expenditure on clothes

A statistician wants to estimate the mean weekly family expenditure on clothes. He believes that the standard deviation of the weekly expenditure is $125.

  Homogeneity of variance assumption

For each of the following problems, assume that the homogeneity of variance assumption has not been met and that you will need to use the adjusted Welch statistic.

  Equation for the regression line for the data

Find the equation for the regression line for the data, and predict the final grade of a student who misses 3.5 days.

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