The manager of The Cheesecake Factory in Memphis reports that on six randomly selected weekdays, the number of customers served was 80, 250, 125, 170, 190, and 165. She believes that the number of customers served on weekdays follows a normal distribution. Click here for the Excel Data File Calculate the margin of error with 99% confidence. Note: Round your final answer to 2 decimal places.   Construct the 99% confidence interval for the average number of customers served on weekdays. Note: Round your final answers to 2 decimal places.   How can the margin of error reported in part a be reduced? multiple choice Increase the sample size Decrease the sample size Increase the standard deviation Increase the confidence level

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

The manager of The Cheesecake Factory in Memphis reports that on six randomly selected weekdays, the number of customers served was 80, 250, 125, 170, 190, and 165. She believes that the number of customers served on weekdays follows a normal distribution.

Click here for the Excel Data File

  1. Calculate the margin of error with 99% confidence.

    Note: Round your final answer to 2 decimal places.

     
  2. Construct the 99% confidence interval for the average number of customers served on weekdays.

    Note: Round your final answers to 2 decimal places.

     
  3. How can the margin of error reported in part a be reduced?

    multiple choice

    • Increase the sample size
    • Decrease the sample size
    • Increase the standard deviation
    • Increase the confidence level

 

Customers
80
250
125
170
190
165

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman