Answer:
Decision is reject the
as There is sufficient evidence to support the claim that the mean time is less then 5 minutes.
Step-by-step explanation:
Consider the provided information.
The mean waiting time for a bus during rush hour is less than 5 minutes.
Thus the null hypothesis is:
![H_0: \mu\geq 5](https://tex.z-dn.net/?f=H_0%3A%20%5Cmu%5Cgeq%205)
![H_1: \mu< 5](https://tex.z-dn.net/?f=H_1%3A%20%5Cmu%3C%205)
A random sample of 20 waiting times has a mean of 3.7 minutes with a standard deviation of 2.1 minutes. At α = 0.01,
Now use the table to find the z value, where α = 0.01,
![t_L = -2.3264](https://tex.z-dn.net/?f=t_L%20%3D%20-2.3264)
The value of n is 20, sample mean is 3.7, population mean is 5 and standard deviation is 2.1.
Now, use the formula: Standardized test statistic for z-scores =
.
Substitute the respective values in the above formula.
![t=\frac{3.7-5}{{2.1}/{\sqrt{20} }}](https://tex.z-dn.net/?f=t%3D%5Cfrac%7B3.7-5%7D%7B%7B2.1%7D%2F%7B%5Csqrt%7B20%7D%20%7D%7D)
![t=\frac{-1.3}{0.47}](https://tex.z-dn.net/?f=t%3D%5Cfrac%7B-1.3%7D%7B0.47%7D)
![t=-2.768465115\approx-2.77](https://tex.z-dn.net/?f=t%3D-2.768465115%5Capprox-2.77)
As, the test statistic is in the reject interval, so reject ![H_0](https://tex.z-dn.net/?f=H_0)
There is sufficient evidence to support the claim that the mean time is less then 5 minutes.