In: Statistics and Probability
Microsoft MiniTab Assignment
Construct and interpret the 99 % confidence interval estimate of the population mean “WaitTime” for all customers. Type in your explanation below the output from Minitab.
Construct and interpret the 99% confidence interval estimate of the population proportion of male customers. Type in your explanation below the output from Minitab.
Is the mean “Income” for all customers no more than $38,000? Perform the appropriate hypothesis test using alpha = 0.05. Type in your explanation below the output from Minitab.
Is the proportion of American Express card transactions less than 0.3? Perform the appropriate hypothesis test using alpha = 0.05. Type in your explanation below the output from Minitab.
Data:
WaitTime |
Income |
Gender |
Type of Card |
1.6 |
29000 |
Male |
Discover |
6.6 |
32000 |
Female |
Discover |
5.6 |
36000 |
Male |
Discover |
5.1 |
65000 |
Female |
Discover |
3.9 |
36000 |
Male |
Discover |
4.6 |
33000 |
Female |
MasterCard |
6.5 |
31000 |
Male |
MasterCard |
6.4 |
41000 |
Female |
Visa |
8.6 |
39000 |
Female |
Visa |
4.2 |
33000 |
Female |
Visa |
5.8 |
68000 |
Female |
MasterCard |
3.4 |
23000 |
Female |
MasterCard |
9.3 |
72000 |
Male |
Visa |
7.4 |
52000 |
Female |
Visa |
1.8 |
37000 |
Male |
Visa |
11.6 |
46000 |
Female |
MasterCard |
5.4 |
29000 |
Male |
MasterCard |
4.9 |
36000 |
Male |
Discover |
5.4 |
55000 |
Male |
Discover |
1.0 |
27000 |
Male |
Discover |
2.5 |
33000 |
Male |
MasterCard |
8.3 |
42000 |
Male |
MasterCard |
6.1 |
37000 |
Female |
American Express |
6.3 |
31000 |
Female |
American Express |
12.1 |
62000 |
Male |
American Express |
10.7 |
69000 |
Female |
American Express |
2.9 |
25000 |
Male |
American Express |
12.9 |
80000 |
Male |
American Express |
4.7 |
34000 |
Male |
American Express |
3.9 |
42000 |
Male |
Visa |
3.2 |
24000 |
Female |
Visa |
12.3 |
79000 |
Male |
MasterCard |
2.3 |
76000 |
Female |
MasterCard |
8.7 |
37000 |
Male |
MasterCard |
4.7 |
36000 |
Female |
MasterCard |
3.6 |
59000 |
Male |
MasterCard |
2.7 |
27000 |
Male |
Visa |
3.7 |
20000 |
Male |
MasterCard |
1.0 |
28000 |
Male |
MasterCard |
10.2 |
72000 |
Male |
MasterCard |