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A hypothesis test is to be performed. Describe the two possible outcomes of the test using the context of the givensituation.
-Last month the average waiting time at a bank was minutes. The manager has installed a new computer system and claims that people will no longer have to wait as long.
The hypotheses are as follows:
Null hypothesis: average waiting time minutes
Alternative hypothesis: average waiting time minutes
Rejection Is Ineffective
A legal principle indicating that simply refusing or rejecting an offer or contract does not nullify or void its terms or its potential effects.
Notifies The Seller
The act of informing the seller about relevant information or decisions, typically in a commercial transaction.
Right To Inspect
The right to inspect allows one party to a transaction, typically the buyer, to examine goods or property before finalizing the purchase to ensure they meet specified criteria or quality.
Duty Of Performance
An obligation in contract law requiring parties to complete their contractual obligations to a satisfactory standard.
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