Multiple Choice
A sample of 16 ATM transactions shows a mean transaction time of 67 seconds with a standard deviation of 12 seconds.State the hypotheses to test whether the mean transaction time exceeds 60 seconds.
A) H0: μ ≤ 60,H1: μ > 60
B) H0: μ ≥ 60,H1: μ < 60
C) H0: μ = 60,H1: μ ≠ 60
D) H0: μ < 60,H1: μ ≥ 60
Correct Answer:
Verified
Correct Answer:
Verified
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