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Question 5 (1 point) Suppose that you are the director of table game operations at a large casino, known especially for its poker room. You

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Question 5 (1 point) Suppose that you are the director of table game operations at a large casino, known especially for its poker room. You are interested in determining the average number of hands the casino should expect per hour during peak hours in the poker room. You monitor the number of hands over the next week and given a random sample of 26 hours, you see that on average 152.9 hands are played per hour, with a standard deviation of 9.99 hands and you calculated a 99% confidence interval to be (147.4, 158.4). Your manager believes the true mean is 263. Which of the following is the best conclusion? hs ( 1) The percentage of hours in which more than 263 hands of poker are played is 99%. (2) We are 99% confident that the average number of hands played per hour is less than 263. ( 3) We are 99% confident that the average number of hands played per hour is greater than 263. (4) We cannot determine the proper interpretation based on the information given. (5) The average number of hands played per hour is not significantly different from 263

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