The Waiting Time for Patients at Local Walk-In Health Clinic

question 117

Short Answer

The waiting time for patients at local walk-in health clinic follows a normal distribution with a mean of 15 minutes and a population standard deviation of 5 minutes. The clinic wants to know if waiting time is less than 15 minutes. The quality-assurance department found in a sample of 50 patients that the mean waiting time was 14.25 minutes. For a significance level of 0.05, what is the critical value?

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Definitions:

Net Loss

The result when total expenses exceed total revenues during a specific period, indicating financial loss.

Organize

The process of structuring or arranging resources and tasks to achieve a specific objective efficiently.

Capital Balances

The amount of equity ownership a partner has in a partnership or an investor has in a company.

Noncash Assets

Assets that are not in the form of cash or currency, including tangible assets like property, plant, and equipment, and intangible assets like patents and copyrights.