Question
Suppose the mean per-person check for brunch at a restaurant chain is approximately $11.75. a. Assuming a standard deviation of $3.00, what sample size is
Suppose the mean per-person check for brunch at a restaurant chain is approximately $11.75.
a. Assuming a standard deviation of $3.00, what sample size is needed to estimate, with 99% confidence, the mean per-person check for brunch to within $0.25?
The sample size needed is
959- correct answer
(Round up to the nearest integer.)
b. Assuming a standard deviation of $4.50, what sample size is needed to estimate, with 99% confidence, the mean per-person check for brunch to within $0.25?
The sample size needed is
enter your response here.
(Round up to the nearest integer.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started