Answered: the Covid-19 pandemic, made malls in…

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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the Covid-19 pandemic, made malls in Japan begin to limit the number of visitors and time of visit. One of the marketing directors of a large department store wanted estimates the average number of customers who enter the store every five minutes. He randomly choosing a sample and paying attention to the customer for five minutes. He get the numbers 25, 32, 41, 47, 56, 80, 45, 29, 32, and 78. Then the director asked the analyst to count the number of arrivals at the store. assumes the number of arrivals is normally distributed. By using this data and the 95% confidence interval, calculate the estimated average value over the period five minutes inside the department store! What is the benefit of estimating estimated value in this case (analyze the answers you got)?

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