Examlex

Solved

SCENARIO 10-13
the Amount of Time Required to Reach a Customer

question 99

Short Answer

SCENARIO 10-13
The amount of time required to reach a customer service representative has a huge impact on
customer satisfaction. Below is the Excel output from a study to see whether there is evidence of a
difference in the mean amounts of time required to reach a customer service representative between
two hotels. Assume that the population variances in the amount of time for the two hotels are not
equal.  t-Test: Two-Sample Assuming Unequal Variances  Hotel 1  Hotel 2  Mean 2.2142.0115 Variance 2.9516573.57855 Observations 2020 Hypothesized Mean Difference 0 df 38 t Stat 0.354386 P(T<=t) one-tail 0.362504t Critical one-tail 1.685953P(T<=t) two-tail 0.725009t Critical two-tail 2.024394\begin{array}{l}\text { t-Test: Two-Sample Assuming Unequal Variances }\\\begin{array} { l r r } \hline & { \text { Hotel 1 } } & { \text { Hotel 2 } } \\\hline \text { Mean } & 2.214 & 2.0115 \\\text { Variance } & 2.951657 & 3.57855 \\\text { Observations } & 20 & 20 \\\text { Hypothesized Mean Difference } & 0 & \\\text { df } & 38 & \\\text { t Stat } & 0.354386 & \\\text { P(T<=t) one-tail } & 0.362504 & \\\mathrm { t } \text { Critical one-tail } & 1.685953 & \\\mathrm { P } ( \mathrm { T } < = \mathrm { t } ) \text { two-tail } & 0.725009 & \\\mathrm { t } \text { Critical two-tail } & 2.024394 & \\\hline\end{array}\end{array}
-Referring to Scenario 10-13, what is(are) the critical value(s) of the relevant hypothesis test if the level of significance is 0.05? a) 1.68601.6860
b) ±1.6860\pm 1.6860
c) 2.02442.0244
d) ±2.0244\pm 2.0244


Definitions:

Visual Tool

An aid or instrument that uses visual elements, like charts or images, to communicate information, enhance understanding, or facilitate learning.

Learned Helplessness

A psychological condition where an individual believes they have no control over their situation, often leading to decreased motivation and depression.

Self-Efficacy

A person's belief in their ability to succeed or accomplish a task in specific situations or accomplish a set of tasks.

Personal Agency

An individual's capacity to act independently and make free choices, influencing their own life.

Related Questions