Question: Perception of Time Randomly selected statistics students of the author participated in an experiment to test their ability to determine when 1 min (or 60 sec) has passed. Forty students yielded a sample mean of 58.3 sec. Assuming that \(\sigma \) = 9.5 sec, use a 0.05 significance level to test the claim that the population mean is equal to 60 sec. Based on the result, does there appear to be an overall perception of 1 min that is reasonably accurate?

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