A regional chain of fast-food restaurants would like to estimate the mean time required to serve its drive-thru customers. a. If the population standard deviation of service times is known to be 20 seconds, how large a sample must be used to estimate the mean service time for drive-thru customers if a margin of error of no more than ±6 seconds of the true mean with a 90% level of confidence is required? b. Suppose the manager believes that a margin of error of ±6 seconds is too high and has decided it should be cut by two thirds to a margin of error of ±2 seconds. The manager believes that by cutting the margin of error by two thirds, the required sample size will triple. Is the manager correct?
A regional chain of fast-food restaurants would like to estimate the mean time required to serve its drive-thru customers. a. If the population standard deviation of service times is known to be 20 seconds, how large a sample must be used to estimate the mean service time for drive-thru customers if a margin of error of no more than ±6 seconds of the true mean with a 90% level of confidence is required? b. Suppose the manager believes that a margin of error of ±6 seconds is too high and has decided it should be cut by two thirds to a margin of error of ±2 seconds. The manager believes that by cutting the margin of error by two thirds, the required sample size will triple. Is the manager correct?
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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