Business, 06.08.2021 19:10 regantyler3500
Company A is trying to sell its website to Company B. As part of the sale, Company A claims that the average user of their site stays on the site for 10 minutes. Company B is concerned that the mean time is significantly less than 10 minutes. Company B collects the times (in minutes) below for a sample of 19 users. Assume normality.
a) What is the test statistic? Give your answer to four decimal places.
b) What is the critical value for the test? Give your answer to four decimal
mean= 6.3
sd= 7.8977493
n=19
Answers: 1
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Company A is trying to sell its website to Company B. As part of the sale, Company A claims that the...
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