According to a National Survey, the Average Commuting Time for People

question 7

Multiple Choice

According to a national survey, the average commuting time for people who commute to work is 19.0 minutes. Suppose a researcher wants to test this claim. Taking a random sample of 20 commuters, the researcher calculates a mean time of 19.346 minutes and a standard deviation of 2.842 minutes.
-How would you define the rejection region for this test at ? = .10?

• A)t < -2.821
• B)t < -1.761
• C)t > 1.729 and t < -1.729
• D)t > 2.306 and t < -2.306
• E)t > 3.787

---

Definitions:

Finance Charge

The interest that is charged to a buyer when paying for a purchase or service over time.

Finance Charges

The total cost of borrowing, including interest and other fees, charged on credit accounts or loans.

Periodic Rate

The Periodic Rate is the interest rate applied to a loan or savings account for a specific period, crucial in calculating the interest over that timeframe.

Monthly Payment

A specified amount of money paid once per month, often related to loans or service subscriptions.