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Exhibit 9-3.The Boston public school district has had difficulty maintaining on-time bus service for its students ("A Year Later,School Buses Still Late," Boston Globe,October 5,2011) .Suppose the district develops a new bus schedule to help combat chronic lateness on a particularly woeful route.Historically,the bus service on the route has been,on average,12 minutes late.After the schedule adjustment,the first 36 runs were an average of 8 minutes late.As a result,the Boston public school district claimed that the schedule adjustment was an improvement-students were not as late.Assume a population standard deviation for bus arrival time of 12 minutes. Refer to Exhibit 9-3.Develop the null and alternative hypotheses to determine whether the schedule adjustment reduced the average lateness time of 12 minutes.
Duties
Obligations that individuals or entities are required to perform, often under the law or by contract.
Honesty
A moral character trait that entails being truthful, trustworthy, and sincere in one's thoughts, speech, and actions.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another. The obligated party is typically someone entrusted with the care of money or property, like a trustee or legal guardian.
Legal Obligation
A duty enforced by law, requiring an individual or organization to follow or avoid a particular course of action.
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