(a) A random sample of 49 lunch customers was taken at a restaurant. The average amount of time the customers in the sample stayed in the restaurant was 33 minutes. From experience, it is known that the population standard deviation equals 10 minutes. Construct a 95% confidence interval for the true mean time that lunch customers stay in the restaurant. Interpret the result. (b) How large of a sample would have to be taken so that the confidence interval estimate will be within 2.5 minutes with 95% confidence?
(a) A random sample of 49 lunch customers was taken at a restaurant. The average amount of time the customers in the sample stayed in the restaurant was 33 minutes. From experience, it is known that the population standard deviation equals 10 minutes. Construct a 95% confidence interval for the true mean time that lunch customers stay in the restaurant. Interpret the result. (b) How large of a sample would have to be taken so that the confidence interval estimate will be within 2.5 minutes with 95% confidence?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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(a) A random sample of 49 lunch customers was taken at a restaurant. The average amount of time the customers in the sample stayed in the restaurant was 33 minutes. From experience, it is known that the population standard deviation equals 10 minutes. Construct a 95% confidence interval for the true
Interpret the result.
(b) How large of a sample would have to be taken so that the confidence
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