# Homework Help for Njosh Only.

jttrsne3

Review the Payment Time Case Study and Data Set.

Develop a 700-word report including the following calculations and using the information to determine whether the new billing system has reduced the mean bill payment time:

• Assuming the standard deviation of the payment times for all payments is 4.2 days, construct a 95% confidence interval estimate to determine whether the new billing system was effective. State the interpretation of 95% confidence interval and state whether or not the billing system was effective.
• Using the 95% confidence interval, can we be 95% confident that µ ≤ 19.5 days?
• Using the 99% confidence interval, can we be 99% confident that µ ≤ 19.5 days?
• If the population mean payment time is 19.5 days, what is the probability of observing a sample mean payment time of 65 invoices less than or equal to 18.1077 days?

Format your assignment consistent with APA format.

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### The Payment Time Case

Purpose of Assignment

The purpose of the assignment is to develop students' abilities in using datasets to apply the concepts of sampling distributions and confidence intervals to make …

• Rated 1 times

### The Payment Time Case

Purpose of Assignment

The purpose of the assignment is to develop students' abilities in using datasets to apply the concepts of sampling distributions and confidence intervals to …

• Rated 1 times

### The Payment Time Case

• Rated 2 times

### The Payment Time Case Due Sunday @ 5pm eastern. Develop a 700-word report including the following calculations and using the information to determine whether the new billing system has reduced the mean bill payment time:

Assignment Steps

Resources:Microsoft Excel®, The Payment Time Case Study, The Payment Time Case Data Set

Reviewthe Payment Time Case Study and Data Set.

Developa …

• Rated 2 times

### PROF washington watson

Purpose of Assignment

The purpose of the assignment is to develop students' abilities in using datasets to apply the concepts of sampling distributions and confidence intervals to make …

• Rated 1 times

Hello ,

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### Statistics WK4

Assignment Steps

Resources: Microsoft Excel®, The Payment Time Case Study, The Payment Time Case Data Set

Review the Payment Time Case Study and Data Set.

Develop a 700-word report …

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### Statistics anyone

Resources:Microsoft Excel®, The Payment Time Case Study, The Payment Time Case Data Set

Reviewthe Payment Time Case Study and Data Set.

Developa 700-word report including …

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### The Payment Time Case

Resources: Microsoft Excel®, The Payment Time Case Study, The Payment Time Case Data Set

Review the Payment Time Case Study and Data Set.

Develop a 700-word report including the …

• Not rated

### QNT 561 Week 4 The Payment Time Case

Reviewthe Payment Time Case Study and Data Set.

Developa 700-word report including the following calculations and using the information to determine whether the new billing system …