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March 30, 2017

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a sample of 16 atm transactions shows a mean transaction time of 67 seconds with a standard deviation of 12 seconds. State the hypotheses to test whether the mean transactiontime exceeds 60 seconds

  • stats - ,

    Z = (mean1-mean2)/standard error (SE) of difference between means

    SEdiff = √(SEmean1^2 + SEmean2^2)

    SEm = SD/√n

    If only one SD is provided, you can use just that to determine SEdiff.

    Find table in the back of your statistics text labeled something like "areas under normal distribution" to find the proportion related to the Z score.

  • stats - ,

    90

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