(Step-by-Step) A local bank claims that the waiting time for its customers to be served is the lowest in the area. A competitor bank checks the waiting
Question: A local bank claims that the waiting time for its customers to be served is the lowest in the area. A competitor bank checks the waiting times at both banks. The sample statistics are listed below. Test the local bank's claim. Use a = 0.05.
Local Bank
n1 = 45
x1 = 4.7 minutes s1 = 1.1 minutes
Competitor Bank n2 = 50
x2 = 5 minutes s2 = 1.0 minute
Deliverable: Word Document 
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