Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase daily sales. In order to determine the effectiveness of the advertisingcampaign, a sample of 49 day's sales were taken. The sample showed average daily sales of $6,300. From past history, the restaurant knew that its population standard deviation is about $1,000. If thelevel of significance is 0.05. have sales increased as a result of the advertising campaign?Multiple CholceFall to reject the null hypothesis.Reject the null hypothesis and conclude the mean is higher than $6,000 per dayReject the null hypothesis and conclude the mean Is lower than $6,000 per day.Reject the null hypothesis and conclude that the mean is equal to $6,000 per day.Next10 of 10< Prev511pe here to search

Given average sales per day = $6000Claim is that average sales per day increased with ad campaign.…

Answered: Sales at a fast-food restaurant average…

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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According to a health foundation survey from 2018 and 2016, the average annual premiums for employer-sponsored health insurance for family coverage was $16,834 in 2018 and $15,745 in 2016. Suppose the survey for 2018, was based on 250 employees who had employer-sponsored health insurance and the survey for 2016 was based on 200 employees who had employer-sponsored health insurance. Assume the population standard deviation for 2018 and 2016 were $2160 and $1990; respectively. Find a 97% confidence interval for the mean difference. (Round your answer to 1 decimal place.)Lower limit = Upper limit =
The average McDonald's restaurant generates $3.6 million in sales each year with a standard deviation of 0.9. Trent wants to know if the average sales generated by McDonald's restaurants in Kentucky is different than the worldwide average. He surveys 27 restaurants in Kentucky and finds the following data (in millions of dollars): 4.1, 2.8, 4.4, 4.5, 5.3, 5, 3.7, 2.9, 3.8, 4.8, 3.6, 2.3, 3.7, 2.9, 2.9, 4, 1.1, 5.2, 2.9, 5, 4, 4, 5.9, 3.2, 2.2, 4.3, 3.8 Perform a hypothesis test using a 3% level of significance. Step 1: State the null and alternative hypotheses. Ho: [? v] ? v На: ? ? v (So we will be performing a Select an answer test.) Step 2: Assuming the null hypothesis is true, determine the features of the distribution of point estimates using the Central Limit Theorem. By the Central Limit Theorem, we know that the point estimates are Select an answer v with distribution mean and distribution standard deviation Step 3: Find the p-value of the point estimate. P( ? v ? v = P( ? ♥ ?…
In the Social Psychology course, you receive a score of 77 on the second exam. You are told that the standard deviation of the second exam is 8 and that your score is .75 standard deviations below the mean. a. What is the class mean of the second exam? b. Your friend scored a 70 on the second exam. How many standard deviations below the mean is your friend’s score?
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Mario's weekly poker winnings have a mean of $353 and a standard deviation of $67. Last week he won $185. How many standard deviations from the mean is that?
The average McDonald's restaurant generates $3.3 million in sales each year with a standard deviation of 0.8. Skyler wants to know if the average sales generated by McDonald's restaurants in North Carolina is different than the worldwide average. He surveys 25 restaurants in North Carolina and finds the following data (in millions of dollars): 2.3, 0.9, 2.2, 2.8, 3.1, 3.1, 2.3, 2.6, 2.7, 2.7, 3.1, 3.9, 4.1, 4, 4.5, 1.8, 4.3, 2.7, 3.9, 3.5, 3.2, 1.7, 3.5, 2.9, 2.1 Perform a hypothesis test using a 4% level of significance. Step 1: State the null and alternative hypotheses. Но: ? ? v Ha: ? v (So we will be performing a Select an answer v test.) Step 2: Assuming the null hypothesis is true, determine the features of the distribution of point estimates using the Central Limit Theorem. By the Central Limit Theorem, we know that the point estimates are Select an answer with distribution mean and distribution standard deviation Step 3: Find the p-value of the point estimate. P( ? v ? v P(? v…
In an Algebra class, the scores on a test are normally distributed. The middle 68% of the scores fall between 71 and 83. What are the mean and standard deviation for this data?
An incoming MBA student took placement exams in economics and mathematics. In economics, she scored 82 and in math 89. The overall results on the economics exam had a mean of 70 and a standard deviation of 7, while the mean math score was 69, with a standard deviation of 10. On which exam did she do better compared with the other students?
The best male long jumpers for State College since 1973 have averaged a jump of 263.0 inches with a standard deviation of 14.0 inches. The best female long jumpers have averaged 201.2 inches with a standard deviation of 7.7 inches. This year Joey jumped 283 inches and his sister, Carla, jumped 221 inches. Both are State College students. Which athlete had the more impressive performance? Justify your response appropriately, but briefly.
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