Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Anita's, a fast-food chain specializing in hot dogs and garlic fries, keeps track of the proportion of its customers who decide to eat in the

Anita's, a fast-food chain specializing in hot dogs and garlic fries, keeps track of the proportion of its customers who decide to eat in the restaurant (as opposed to ordering the food "to go") so it can make decisions regarding the possible construction of in-store play areas, the attendance of its mascot Sammy at the franchise locations, and so on. Anita's reports that52% of its customers order their food to go. Suppose that this proportion is correct and that a random sample of50 individual customers is taken.

Answer the following.

(a)Estimate the number of customers in the sample who order their food to go by giving the mean of the relevant distribution (that is, the expectation of the relevant random variable). Do not round your response.

(b)Quantify the uncertainty of your estimate by giving the standard deviation of the distribution. Round your response to at least three decimal places.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems

Authors: George H. Bodnar, William S. Hopwood

11th Edition

0132871939, 978-0132871938

More Books

Students also viewed these Mathematics questions

Question

How can emotions cause communication breakdown?

Answered: 1 week ago