Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For the past few years, the number of customers of a drive-in bottle shop has averaged 20 per hour. This year, another bottle shop one

For the past few years, the number of customers of a drive-in bottle shop has averaged 20 per hour. This year, another bottle shop one kilometre away opened a drive-in window. The manager of the first shop believes that this will result in a decrease in customers. A random sample of 50 hours showed an average of 18.7 customers per hour with a standard deviation of 3.0. Can we conclude at the 5% level of significance that the manager's belief is correct?

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

Basic College Mathematics With Early Integers

Authors: Marvin L Bittinger, Judith A Beecher

3rd Edition

0321922794, 9780321922793

More Books

Students also viewed these Mathematics questions

Question

5. Give examples of binary thinking.

Answered: 1 week ago