Your organization has a goal for the average processing of the purchase request
ID: 3020274 • Letter: Y
Question
Your organization has a goal for the average processing of the purchase request form notification to final approval.They are only concerned
If it takes longer than 15 days. A sample of 25 PRs produced a mean of 15.5 for days and a standard deviation of 1.5 days.Test at the 10%level of significance whether they are meeting their goals. Select the correct answer to the pairs.
The tp is 1.711
The tp is 1.318
The tc is1.667
The tc is 5.000
We would reject the null hypothesis
We would fail to reject the null hypothesis
We would conclude that the organization is meeting their goal
We would conclude that the organization is not meeting their goal
Explanation / Answer
tc=(15.5-15)/1.5/sqrt(25)=1.66
tp=1.318
We would reject the null hypothesis
We would conclude that the organization is not meeting their goal
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