Theexamplein Section 3.1.4 describedanexperimenttoestimatethemeansaleswitha proposedmenuforanewrestaurant.Inarevisedexperimenttocomparetwomenus,onTuesday of theopeningweektheownergivescustomersmenuAandonWednesdayshegivesthemmenu B. Thebillsaverage$22.30forthe43customersonTuesday(s = 6.88) and$25.91forthe50 customers onWednesday(s = 8.01). Underthestrongassumptionthathercustomerseachnight
Question:
Theexamplein Section 3.1.4 describedanexperimenttoestimatethemeansaleswitha proposedmenuforanewrestaurant.Inarevisedexperimenttocomparetwomenus,onTuesday of theopeningweektheownergivescustomersmenuAandonWednesdayshegivesthemmenu B. Thebillsaverage$22.30forthe43customersonTuesday(s = 6.88) and$25.91forthe50 customers onWednesday(s = 8.01). Underthestrongassumptionthathercustomerseachnight are comparabletoarandomsamplefromtheconceptualpopulationofpotentialcustomers, showhowtocomparethemeansalesforthetwomenusbasedon(a)the P-valueofasignificance test, (b)a95%confidenceinterval.Whichismoreinformative,andwhy?(Whenusedinan experimenttocomparetwotreatmentstodeterminewhichworksbetter,atwo-sampletestis often calledan A/B test.) .
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Foundations Of Statistics For Data Scientists With R And Python
ISBN: 9780367748456
1st Edition
Authors: Alan Agresti