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In response to an inquiry from its national office, the manager of a local bank has stated that her bank's average service time for a drive-through customer is 93 seconds. A student intern working at the bank happens to be taking a statistics course and is curious as to whether the true average might be some value other than 93 seconds.

The intern observes a simple random sample of 50 drive-through customers whose average service time is 89.5 seconds, with a standard deviation of 11.3 seconds.

From these sample results, and using the 0.05 level of significance, what conclusion would the student reach with regard to the bank manager's claim?

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92217026

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