Answered: A restaurant located in an office…

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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Question

A restaurant located in an office building decides to adopt a new strategy for attracting customers. Every week it advertises in the city newspaper. In the 6 weeks immediately prior to the advertising campaign, the weekly grosses were 350, 320, 307, 398, 420, 335 (in million VND). In the eight weeks after the campaign began, the weekly grosses was 488, 301, 276 380, 421, 425 (in million VND). a/ Test with a = 0.05 to determine whether there is enough evidence to conclude that expected weekly gross after the advertising campaign differs from 382. b/ Given that the weekly grosses are normally distributed, can we conclude that the advertising campaign helped in improving weekly grosses? (Assuming unequal variances and using a = 0.05)

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

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