A small hair salon in Denver, Colorado, averages about 30 customers on weekdays with a standard deviation
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A small hair salon in Denver, Colorado, averages about 30 customers on weekdays with a standard deviation of 6. It is safe to assume that the underlying distribution is normal. In an attempt to increase the number of weekday customers, the manager offers a $2 discount on 5 consecutive weekdays.
She reports that her strategy has worked since the sample mean of customers during this 5 weekday period jumps to 35.
a. How unusual would it be to get a sample average of 35 or more customers if the manager had not offered the discount?
b. Do you feel confident that the manager's discount strategy has worked? Explain. L01
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780071317610
1st Edition
Authors: Kelly Jaggia
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