Suppose a retailer claims that the average wait time for a customer on its support line is 173 seconds. A random sample of 48 customers had an average wait time of 164 seconds. Assume the population standard deviation for wait time is 47 seconds. Using a 95% confidence interval, does this sample support the retailer's claim?
Using a 95% confidence interval, does this sample support the retailer's claim? Select the correct choice below, and fill in the answer boxes to complete your choice.
(Round to two decimal places as needed.)
A. No,because the retailer's claim is not between the lower limit of __ seconds and the upper limit of __ seconds for the mean wait time.
B. Yes, because the retailer's claim is nothing between the lower limit of __ seconds and the upper limit of ___
seconds for the mean wait time.
95% confidence interval for is
- Z * / sqrt(n) < < + Z * / sqrt(n)
164 - 1.96 * 47 / sqrt(48) < < 164 + 1.96 * 47 / sqrt(48)
150.70 < < 177.30
95% CI is (150.70 , 177.30 )
Yes, because the retailer's claim is between the lower limit of 150.70 seconds and the upper limit of 177.30
seconds for the mean wait time.
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