Answer:
a) [tex] z = \frac{3.1-3}{\frac{0.5}{\sqrt{100}}}= 2[/tex]
b) [tex] p_v = P(z>2)= 0.0228[/tex]
c) Since the p value is lower than the significance level provided of [tex]\alpha=0.05[/tex] we have enough evidence to reject the null hypothesis and we can conclude that the true mean is significantly higher than 3 minutes
- significantly greater than 3
Step-by-step explanation:
Part a
We want to test to determine whether or not the mean waiting time of all customers is significantly more than 3 minutes so then the system of hypothesis are:
Null hypothesis: [tex]\mu \leq 3[/tex]
Alternative hypothesis: [tex]\mu>3[/tex]
The info given by the problem:
[tex]\bar X=3.1, \sigma =0.5 , n =100[/tex]
Since we know the population deviation the statistic is given by:
[tex] z = \frac{\bar X -\mu}{\frac{\sigma}{\sqrt{n}}}[/tex]
And replacing we got:
[tex] z = \frac{3.1-3}{\frac{0.5}{\sqrt{100}}}= 2[/tex]
Part b
The p value taking in count that we are conducting a right tailed test can be calculated like this:
[tex] p_v = P(z>2)= 0.0228[/tex]
Part c
Since the p value is lower than the significance level provided of [tex]\alpha=0.05[/tex] we have enough evidence to reject the null hypothesis and we can conclude that the true mean is significantly higher than 3 minutes
- significantly greater than 3