The waiting time to check out of a supermarket has had a population mean of 9.17 minutes. Recently, in an effort to reduce the waiting time, the supermarket has experimented with a system in which there is a single waiting line with multiple checkout servers. A sample of 50 customers was selected, and their mean waiting time to check out was 7.31 minutes with a sample standard deviation of 4.3 minutes.
At the 0.01 level of significance, using the p-value approach to hypothesis testing, is there evidence that the population mean waiting time to check out is less than 9.17 minutes?
P-value for this test is 0.0018.
Interpret the meaning of the p-value in this problem. Choose the correct answer below.
(A) The p-value is the probability of obtaining a sample whose mean is 7.31 minutes or less, assuming the population mean is greater than or equal to 9.17 minutes.
(B) The p-value is the probability of obtaining a sample whose mean is 7.31 minutes or greater, assuming the population mean is greater than or equal to 9.17 minutes.
(C) The p-value is the probability of obtaining a sample whose mean is 7.31 minutes or less, assuming the population mean is less than 9.17 minutes.
Which one is the correct one?
option A is correct one
(A) The p-value is the probability of obtaining a sample whose mean is 7.31 minutes or less, assuming the population mean is greater than or equal to 9.17 minutes.
The waiting time to check out of a supermarket has had a population mean of 9.17...
The waiting time to check out of a supermarket has had a population mean of 9.17 minutes. Recently, in an effort to reduce the waiting time, the supermarket has experimented with a system in which there is a single waiting line with multiple checkout servers. A sample of 50 customers was selected, and their mean waiting time to check out was 7.31 minutes with a sample standard deviation of 4.3 minutes. At the 0.01 level of significance, using the critical...
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