The concession managers for the Arkansas Travelers (a minor league baseball team located in Little Rock) are

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The concession managers for the Arkansas Travelers (a minor league baseball team located in Little Rock) are interested in estimating the average amount spent on food by fans attending the team’s Friday night home games. Suppose a random sample of 36 receipts for food orders was taken from last year’s receipts for Friday night home games with the following food expenditures recorded:

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a. Based on the sampled receipts, what is the best point estimate for the mean food expenditures for Friday night home games?
b. Use the sample information to construct a 95% confidence interval estimate for the true mean expenditures for Friday night home games.
c. Before the sample was taken, the food concessions manager stated that mean food expenditures were about $19.00 per order. Does his statement seem consistent with the results obtained in part b?
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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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