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Your Company Is Evaluating Two Cloud-Based Secured Data Storage Services σ\sigma

question 26

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Your company is evaluating two cloud-based secured data storage services."Pie in the Sky," the newer service,claims its uploading and downloading speeds are faster than the older service,"Cloudy but Steady Skies." You need to make a decision based on published access times for both services at different times and for varying file sizes.To make your decision,you purchase a statistical study,which indicates that average download time for Pie in the Sky is 0.77 sec.per MB and for Cloudy but Steady Skies is 0.84.Assume that σ\sigma 1 = 0.2 and σ\sigma 2 = 0.3.With α\alpha = .05,the critical z value is ______.


Definitions:

Noncontractual Promise

An assurance or pledge not bound by a formal contract and generally not enforceable by law.

Material Misrepresentation

Providing false or misleading information of significant importance, intentionally or accidentally, which can impact contractual agreements or decisions.

Voidable

A legal term referring to a transaction or agreement that is valid until one of the parties involved decides to void it.

Implied in Fact Contract

A contract formed by the behavior and circumstances of the parties involved, even without explicit agreement.

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