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A fast food franchise is considering building a restaurant at a downtown location. Based on a financial analysis, a site is acceptable only if the
A fast food franchise is considering building a restaurant at a downtown location. Based on a financial analysis, a site is acceptable only if the number of pedestrians passing the location during the work day averages more than 200 per hour. To help decide whether to build on this site, the manager observes the number of pedestrians who pass the site each hour over a 40 hour workweek. Should the franchiser build on this site?
a. Develop hypothesis in this study.
b.What is the test statistics?
c.What is the corolation? a=0.05
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