14. Bank Lines The Jefferson Valley Bank once had a separate customer waiting li
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Question
14. Bank Lines The Jefferson Valley Bank once had a separate customer waiting line at each teller window, but it now has a single waiting line that feeds the teller windows as vacancies occur. The standard deviation of customer waiting times with the old multiple-line configura tion was 1.8 min. Listed below is a simple random sample of waiting times (minutes) with thoe single waiting line. Use a 0.05 significance level to test the claim that with a single waiting line, the waiting times have a standard deviation less than 1.8 min. What improvement occurred when banks changed from multiple waiting lines to a single waiting line!? 6.5 6.6 6.7 6.8 7.17.3 7.4 7.7 7.7 7.7 a. Check requirements first. b. If requirements are met, list each of the 8 steps to test the hypothesis stated in the problem. Remember at Step 5 to write down the StatCrunch method you useExplanation / Answer
Test and CI for One Variance: C4
Method
Null hypothesis = 1.8
Alternative hypothesis < 1.8
The chi-square method is only for the normal distribution.
The Bonett method is for any continuous distribution.
Statistics
Variable N StDev Variance
C4 10 0.477 0.227
95% One-Sided Confidence Intervals
Upper Bound Upper Bound
Variable Method for StDev for Variance
C4 Chi-Square 0.784 0.615
Bonett 0.695 0.482
Tests
Test
Variable Method Statistic DF P-Value
C4 Chi-Square 0.63 9 0.000
Bonett — — 0.000
p-value = 0.000 < 0.05
hence we reject the null
there is significant evidence that sd is less than 1.8
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