Multiple Choice
A sample of 16 ATM transactions shows a mean transaction time of 67 seconds with a standard deviation of 12 seconds. Find the critical value to test whether the mean transaction time exceeds 60 seconds at α = .01.
A) 2.947
B) 2.602
C) 2.583
D) 2.333
Correct Answer:
Verified
Correct Answer:
Verified
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