Question

The marketing director of a large department store wants to estimate the average number of customers...

The marketing director of a large department store wants to estimate the average number of customers who enter the store every five minutes. She randomly selects five-minute intervals and counts the number of arrivals at the store. She obtains the figures 58, 32, 41, 47, 56, 80, 45, 29, 32, and 78. The analyst assumes the number of arrivals is normally distributed. Using these data, the analyst computes a 95% confidence interval to estimate the mean value for all five-minute intervals. What interval values does she get?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Please give a thumbs up if you find the solution helpful. Thanks. :)

Add a comment
Know the answer?
Add Answer to:
The marketing director of a large department store wants to estimate the average number of customers...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • A department store manager believes that the average age of their customers is at least 60....

    A department store manager believes that the average age of their customers is at least 60. To prove their point, the manager randomly selects a sample of customers and records their ages. The data is listed below. At α = 0.01, test the manager's claim. 70       48       41       68       69       55       70       57       60       83 32       60       72       58       88       48       59       60       56       65 66       60       68       42       57       59       49       70       75       63 44

  • A real estate agent wants to estimate the average age of those buying investment property in...

    A real estate agent wants to estimate the average age of those buying investment property in his area. He randomly selects 15 of his clients who purchased an investment property and obtains the data shown. Assume that sequals=10.5. Use this information to answer the following question. 53 62 32 28 55 47 46 37 49 47 32 63 43 38 44 The buyer ages are approximately normally distributed and the sample does not contain any outliers. Construct a 90​% confidence...

  • A study is conducted to estimate the average difference in bus ridership for a large city...

    A study is conducted to estimate the average difference in bus ridership for a large city during the morning and afternoon rush hours. The transit authority's researcher randomly selects nine buses because of the variety of routes they represent. On a given day the number of riders on each bus is counted at 7:45 A.M. and at 4:45 P.M., with the following results. Bus Morning Afternoon 1 47 41 2 51 48 3 37 44 4 24 32 5 48...

  • Suppose the math department chair at a large state university wants to estimate the average overall...

    Suppose the math department chair at a large state university wants to estimate the average overall rating, out of five points, that students taking Introductory Statistics gave their lecturers on their end-of-term evaluations. She selects a random sample of 32 evaluations and records the summary statistics shown. Sample size Sample mean Sample standard deviation Population standard deviation Standard error Confidence level ? ?⎯⎯⎯ ? ? ??⎯⎯⎯⎯ ? 32 3.9102 1.0809 1.0213 0.1805 95% The department chair determines the standard error...

  • 9. Data for problems 9-14 Shelley, the director of Kent hospital wants to estimate the average...

    9. Data for problems 9-14 Shelley, the director of Kent hospital wants to estimate the average number of people who are admitted to the emergency room during a 24-hour period. She randomly selects 15 different days and determined the number of admissions for each . for this sample, the average number of admissions per day is 19.0 with standard deviation of 5.0. she wants to find the 95% confidence interval for the average number of admissions per 24-hour period. What...

  • Suppose the math department chair at a large state university wants to estimate the average overall...

    Suppose the math department chair at a large state university wants to estimate the average overall rating, out of five points, that students taking Introductory Statistics gave their lecturers on their end-of-term evaluations. She selects a random sample of 36 evaluations and records the summary statistics shown. Sample size Sample mean Sample standard deviation Population standard deviation Standard deviation of ?¯ Confidence level ? ?⎯⎯⎯ ? ? ??⎯⎯⎯⎯ ? 36 3.8711 1.0755 1.0222 0.1704 95% The department chair determines the...

  • A real estate agent wants to estimate the average age of those buying 35 30 52...

    A real estate agent wants to estimate the average age of those buying 35 30 52 48 37 investment property in his area. He randomly selects 15 of his clients who 48 50 41 44 43 purchased an investment property and obtains the data shown. Use this information to answer the following questions. 58 43 56 45 40 Click the icon to view a boxplot and a normal probability plot. The buyer ages are approximately normally distributed and the sample...

  • Winter 2018 AT 103 Test II Chapters 6-11 a( \ 1. The average number of miles that 90 truckers drove in a day was 540 with a standard what is the 99% confidence interval of the true mean number of...

    Winter 2018 AT 103 Test II Chapters 6-11 a( \ 1. The average number of miles that 90 truckers drove in a day was 540 with a standard what is the 99% confidence interval of the true mean number of deviation of 40 miles, miles driven by all truckers? Dr. Christina Cuttleman, a nutritionist, claims that the average number ofcalories in a serving of popcorn is 75 with a standard deviation of 7. A sample of 50 servings of popcorn...

  • Problem 1: Confidence Interval for Percentage of B’s. The data set “STAT 250 Final Exam Scores”...

    Problem 1: Confidence Interval for Percentage of B’s. The data set “STAT 250 Final Exam Scores” contains a random sample of 269 STAT 250 students’ final exam scores (maximum of 80) collected over the past two years. Answer the following questions using this data set. a) What proportion of students in our sample earned B’s on the final exam? A letter grade of B is obtained with a score of between 64 and 71 inclusive. Hint: You can do this...

  • Assignment Brief You have been appointed as a business analyst at Carlson Department Store. Your first project is to provide an analysis for an insurance claim for the company’s loss of sales for quar...

    Assignment Brief You have been appointed as a business analyst at Carlson Department Store. Your first project is to provide an analysis for an insurance claim for the company’s loss of sales for quarter 4 of last year due to a hurricane last summer. In your analysis, you are to make appropriate recommendations in relation to sales the company would have had. A. Background The Carlson Department Store suffered heavy damage after a hurricane struck late last summer. The store...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT