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Suppose that you are interested in estirrating the average amount a customer spends for dinner at Paddy's Pub. In order to estimate the average spending
Suppose that you are interested in estirrating the average amount a customer spends for dinner at Paddy's Pub. In order to estimate the average spending in the population, you collect a random sample of 25 expenditures, which are shown below: $33.3 $$28.8 $35.1 $30.6 $20.1 $343 $32.6 $23.2 $33.1 $311 $24.1 $38.6 $26.5 $39.8 $40.7 $36.1 $27.4 $31.4 $$43.5 $24.5 $34,6 $36.9 $39.3 At the 95% level of confidence, if you collect 300 different samples and constructed a confidence interval estimate based on these simples. How many of the interval estimates would not contain the true average customer spending in the population
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