Answered step by step
Verified Expert Solution
Question
1 Approved Answer
18 3 points eBook Print References A hair salon in Cambridge, Massachusetts. reports that on seven randomly selected weekdays, the number of customers who visited
18 3 points eBook Print References A hair salon in Cambridge, Massachusetts. reports that on seven randomly selected weekdays, the number of customers who visited the salon were 52, 67, 33, 44, 54, 26, and 66. It can be assumed that weekday customer visits follow a normal distribution. [You may find it useful to reference the t table.] 3. Construct the 90% condence interval for the average number of customers who visit the salon on weekdays. (Round intermediate calculations to at least 4 decimal places, "sample mean" and "sample standard deviation" to 2 decimal places. Round "1" value to 3 decimal places and nal answers to 2 decimal places.) b. Construct the 99% confidence interval for the average number of customers who visit the salon on weekdays. (Round intermediate calculations to at least 4 decimal places, "sample mean" and "sample standard deviation" to 2 decimal places. Round "1" value to 3 decimal places and nal answers to 2 decimal places.) c. What happens to the width of the interval as the confidence level increases? 0 As the confidence level increases, the interval becomes narrower and less precise. 0 As the confidence level increases. the interval becomes wider and less precise
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started