In: Statistics and Probability
The CEO of a mail order business is reviewing the order filling
operations at their two warehouses. The goal is to have 100% of
orders shipped within 24 hours. In previous years, neither
warehouse has achieved the goal, but the East Coast Warehouse has
consistently out-performed the West Coast Warehouse.
To compare the current performance of the warehouses, they decide
to conduct a hypothesis test at the 5% significance level. They
randomly select 300 orders from the West Coast Warehouse
(population 1) and 250 orders from the East Coast Warehouse
(population 2). They found that 267 of the West Coast Orders were
shipped within 24 hours, and the East Coast Warehouse shipped 212
orders within 24 hours. What is the p-value for testing the
hypothesis that the West Coast Warehouse is now outperforming the
East Coast Warehouse ?
(Use 4 decimals)