Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Computing the value of test statistic utilizing two-tail's' test as well as interpret the result.

The Commercial Bank as well as Trust Company is studying the use of its automatic teller machines (ATMs). Of specific interest is whether young adults (under 25 years) use the machines more than senior citizens. To examine further samples of customers under 25 years of age also customers over 60 years of age were selected. The number of ATM transactions last month was determined for each selected individual and the results are shown below. At the .01 implication level can bank management conclude that younger customers use the ATMs more?

Beat

Time (minutes)

Prada (Italy)

12.9

12.5

11

13.3

11.2

11.4

11.6

12.3

14.2

11.3

Oracle (U.S.A)

14.1

14.1

14.2

17.4

15.8

16.7

16.1

13.3

13.4

13.6

 

10.8

19

 

 






Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M923462

Have any Question? 


Related Questions in Statistics and Probability

In a recent survey of high school seniors a random sample

In a recent survey of high school seniors, a random sample of 1000 females showed that 650 were planning on pursuing a college degree, while a random sample of 1000 females showed that 600 were planning on pursuing a col ...

Assignment- data description collection and sampling1a

Assignment- Data: Description, Collection, and Sampling 1. A study was conducted of the 12-month earnings per share for two categories of airline companies, with the result shown in the chart below. Based on the data, wh ...

You are purchasing a home for 220000 the down payment is 30

You are purchasing a home for $220,000. The down payment is 30% and the balance will be financed with a 20- year mortgage at 9% and 2 discount points. You put down a deposit of $5,000 (applied to the down payment) when t ...

30000 people participated in an online poll on cnncom

30,000 people participated in an online poll on cnn.com conducted in April 2012 asking "Have you ever driven with a pet on your lap?" 34% of the participants answered yes and 66% answered no. (a) Can we conclude that 34% ...

The average batter life of the iphone 4s is reported to be

The average batter life of the iPhone 4S is reported to be 6.0 hours by Apple. Assume that the population standard deviation for the better life for this cell phone is 30 minutes. A random sample of 50 iPhones had an ave ...

1 suppose the mean test scores for a college enter exam is

1) Suppose the mean test scores for a college enter exam is normally distributed with mean = 78 and standard deviation = 12. a). If an individual student is selected at random, what is the probability that this student's ...

How did the working class assert itself in europe during

How did the working class assert itself in europe during the late 18th century? provide examples and compare to the philosophy of social darwinism.

Jim has weighted gpa of 384 his high school gpas are

Jim has weighted GPA of 3.84. His high school GPA's are normally distributed with a mean of 2.9 and a standard deviation of 0.5. Kim's high school uses unweighted GPA's and she has a GPA of 3.57. GPA's are also normally ...

What three criteria must be met to establish that one

What three criteria must be met to establish that one variable causes changes in behavior? Which of these criteria are met by quasi-experimental designs? Which of these criteria are not met, and why?

A multiple-choice test consists of 7 questions each

A multiple-choice test consists of 7 questions. Each question has answer choices of a, b, c, and d, and only one of the choices is correct. If a student randomly guesses on each question, what is the probability that she ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro