A doubting Thomas does not believe that the mean is actually 3.10 minutes since he has often waited


Question: A doubting Thomas does not believe that the mean is actually 3.10 minutes since he has often waited longer. He decides to conduct a study and generates a random sample of 25 customers. He calculates the waiting time for all 25 customers and finds the average waiting time to be 4 minutes. Based on this information, what is the best estimate of the population mean assuming 95 percent accuracy. Is the doubting Thomas correct in his assumption?

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See Answer: The solution consists of 1 page
Deliverables: Word Document

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