A chain of taco restaurants claims that the population mean of the wait times in their drive-thru for all customers is 5.81 minutes. You work for a competitor and you want to test that claim. To do so, you select a random sample of 40 of the chain's drive-thru customers and record the walt time in the drive-thru for each. Assume it is known that the population standard deviation of the wait times in the drive-thru for the taco chain's restaurants is 2.79 minutes. Based on your sample, follow the steps below to construct a 90% confidence interval for the population mean of the wait times in the drive-thru for all customers. Then state whether the confidence interval you construct contradicts the restaurant chain's claim. (If necessary, consult a list of formulas.) (a) Click on "Take Sample" to see the results from your random sample of 40 customers. Sample standard deviation Population standard deviation Number of customers Sample mean Take Sample 40 3.97 2.77 2.79 Enter the values of the sample size, the point estimate for the population mean, the population standard deviation, and the critical value you need for your 90% confidence interval. (Choose the correct critical value from the table of critical values provided.) When you are done, select "Compute". Sample size: Standard error: Point estimate: Critical values Population standard deviation: Margin of error: F0.00s 2.576 F0.010-2.326 Critical value: F0.0251.960 90% confidence interval: 0.050-1.645
A chain of taco restaurants claims that the population mean of the wait times in their drive-thru for all customers is 5.81 minutes. You work for a competitor and you want to test that claim. To do so, you select a random sample of 40 of the chain's drive-thru customers and record the walt time in the drive-thru for each. Assume it is known that the population standard deviation of the wait times in the drive-thru for the taco chain's restaurants is 2.79 minutes. Based on your sample, follow the steps below to construct a 90% confidence interval for the population mean of the wait times in the drive-thru for all customers. Then state whether the confidence interval you construct contradicts the restaurant chain's claim. (If necessary, consult a list of formulas.) (a) Click on "Take Sample" to see the results from your random sample of 40 customers. Sample standard deviation Population standard deviation Number of customers Sample mean Take Sample 40 3.97 2.77 2.79 Enter the values of the sample size, the point estimate for the population mean, the population standard deviation, and the critical value you need for your 90% confidence interval. (Choose the correct critical value from the table of critical values provided.) When you are done, select "Compute". Sample size: Standard error: Point estimate: Critical values Population standard deviation: Margin of error: F0.00s 2.576 F0.010-2.326 Critical value: F0.0251.960 90% confidence interval: 0.050-1.645
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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