Description
Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 19 minutes or less. If a longer mean survey time is necessary, a premium rate is charged. A sample of 35 surveys provided the survey times shown in the file Fowle. Based upon past studies, the population standard deviation is assumed known with = 3.4 minutes. Is the premium rate justified?
a. Formulate the null and alternative hypotheses for this application.
b. Compute the value of the test statistic.
c. What is the p-value?
d. At =.01, what is your conclusion
Time
17
11
12
23
20
23
15
16
23
22
18
23
25
14
12
12
20
18
12
19
11
11
20
21
11
18
14
13
13
19
16
10
22
18
23
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