Question
The Simcoe County Food Emporium claimsthat the typical customer spends $59 per visit. A sample of 12 customers revealed the following purchases, in dollars, spent
The Simcoe County Food Emporium claimsthat "the typical customer spends $59 per visit." A sample of 12 customers revealed the following purchases, in dollars, spent last visit:
$596959696257656168636862
a.What is the point estimate of the population mean?(Round the final answer to 2 decimal places.)
Point estimate$
b.Develop a 80% confidence interval for the population mean.(Round the final answers to 2 decimal places.)
The confidence interval for the population mean is between $and $.
c.Is the restaurant's claim that the "typical customer" spends $59 per visit reasonable?
(Click to select)
No
Yes
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