A Sample of 16 ATM Transactions Shows a Mean Transaction

question 54

Multiple Choice

A sample of 16 ATM transactions shows a mean transaction time of 67 seconds with a standard deviation of 12 seconds. Find the critical value to test whether the mean transaction time exceeds 60 seconds at α = .01.

• A)2.947
• B)2.602
• C)2.583
• D)2.333

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Definitions:

Antisocial Personality

A personality disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others, often manifesting in criminal behavior.

Personality Disorders

Mental health conditions characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, deviating from cultural norms.

Anxiety

A mental health condition characterized by feelings of worry, nervousness, or fear that are strong enough to interfere with one's daily activities.

Eccentricity

Eccentricity refers to unusual or deviating from the recognized or customary character, practice, or pattern, often in a whimsical or peculiar manner.