Mathematics, 21.03.2020 07:39, allendraven89pds755
A bank located in a commercial district of a city has developed an improved process for serving customers during the noon to 1:00 PM peak lunch period. The waiting time (as defined as the time the customer enters the line until he or she is served) of all customers during this hour is recorded over a period of 1 week. A random sample of 15 customers is selected, and the results are as follows:
4.21, 5.55, 3.02, 5.13, 4.77, 2.34, 3.54, 3.20, 4.50, 6.10, 0.38, 5.12, 6.46, 6.19, 3.79
(a) Set up a 95% confidence interval for estimating the average waiting time during peak hours.
(b) At the 0.05 level of significance, is there evidence that the average waiting time is less than 5 minutes?
(c) Find the p-value for part(b).
(d) What assumption must hold in order to perform the test in part(b)?
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