The following data represents the time it takes a company

Assignment Help Basic Statistics

Reference no: EM13623538

The following data represents the time it takes a company to respond to an account inquiry for opening a new account.

A. Using the exponential distribution estimate the average waiting time using the sample mean.

1	1	18	0	22
1	36	0	1	1

B. preform a hypothesis test to determine if the wait time is different from a days with type 1 error or 0.05, what is the conclusion?

Reference no: EM13623538

Questions Cloud

Given are five observations collected in a regression study : given are five observations collected in a regression study on two variables.x12691320y1718926231. what percentage of

Discuss the type of individual securities or mutual funds : 1. discuss the type of individual securities or mutual funds that you believe are suitable for an aggressive investor

The index of refraction of the core of a piece of fiber : the index of refraction of the core of a piece of fiber optic cable is 1.76. if the index of the surrounding cladding

The following data represents the time it takes a company : the following data represents the time it takes a company to respond to an account inquiry for opening a new account.a.

What is the concentration of protein a in the filtrate as : a hollow fiber membrane separator with a nominal molecular weight cutoff of 100000 is fed a solution of proteins at the

A straight nonconducting plastis wire 85 cm long carries a : a straight nonconducting plastis wire 8.5 cm long carries a charge density of 175ncm distribute uniformly along its

Edward wishes to save enough money to purchase a retirement : edward wishes to save enough money to purchase a retirement lake cabin. he is willing to spend 500000 for the cabin and

On your first through fifth birthdays your parents placed : on your first through fifth birthdays your parents placed 2000 into your college fund five total deposits of 2000 each.

User Account

All Pages