An Analyst Plans to Test Whether the Standard Deviation for the Time

question 41

Multiple Choice

An analyst plans to test whether the standard deviation for the time it takes bank tellers to provide service to customers exceeds the standard of 1.5 minutes.The correct null and alternative hypotheses for this test are:

• A) : σ > 1.5 : σ ≥ 1.5
• B) : σ ≤ 1.5 : σ > 1.5
• C) : ≤ 2.25 : > 2.25
• D) : > 2.25 : ≤ 2.25

---

Definitions:

Organizational Ethics

The principles and standards guiding the behavior and decisions within a company to ensure fairness, transparency, and integrity.

The Law

A system of rules created and enforced through social or governmental institutions to regulate behavior.

Wrongful Dismissal

Termination of an employee's contract without valid reason or without following the due legal process, often leading to legal action.

Contractual Notice

Formal communication, typically written, given by one party to another regarding terms or changes in a contractual agreement.