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Statistics for Business: Exam 2 Prep Study Guide

Study Guide - Practice Questions

Test your knowledge with practice questions generated from your notes

  • #1 Multiple Choice
    A technology company wants to test whether a new chatbot system reduces average customer chat response time. They collect before-and-after data for 28 customers. Which hypothesis test is most appropriate?
  • #2 Multiple Choice
    A retailer tests three different checkout scanners and records the average checkout time for each. Which analytical technique should be used to compare the three scanners?
  • #3 Multiple Choice
    A logistics team at MetaShip Logistics wants to ensure that their average delivery time is less than 4.0 days. They collect a sample of 20 deliveries and find a sample mean of 4.2 days, with a sample standard deviation of 0.5 days. What are the null and alternative hypotheses for this test?

Study Guide - Flashcards

Boost memory and lock in key concepts with flashcards created from your notes.

  • Hypothesis Testing Concepts and Terminology
    10 Questions
  • Types of Hypothesis Tests and When to Use Them
    6 Questions
  • Interpreting Hypothesis Test Results and Confidence Intervals
    6 Questions