To estimate the average number of customers entering and buying at the supermarket, the supervisor of that supermarket estimated the number of customers visiting every 5 minutes. She randomly selects 5- min intervals and counts the number of arrivals at the supermarket. The figures 58, 32, 41, 47, 56, 80, 45, 29, 32, and 78 were obtained and tallied. The analysts assume that the number of arrivals is normally distributed. Based on these data, find the point estimate,

MATLAB: An Introduction with Applications
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To estimate the average number of
customers entering and buying at
the supermarket, the supervisor of
that supermarket estimated the
number of customers visiting every
5 minutes. She randomly selects 5-
min intervals and counts the
number of arrivals at the
supermarket. The figures 58, 32, 41,
47, 56, 80, 45, 29, 32, and 78 were
obtained and tallied. The analysts
assume that the number of arrivals
is normally distributed. Based on
these data,
find the point estimate,
compute a 95% confidence interval
to have an estimation of the mean
value for all 5-min intervals.
37.44 62.16
38 – 63
37 – 63
36.96 – 63.03
Transcribed Image Text:To estimate the average number of customers entering and buying at the supermarket, the supervisor of that supermarket estimated the number of customers visiting every 5 minutes. She randomly selects 5- min intervals and counts the number of arrivals at the supermarket. The figures 58, 32, 41, 47, 56, 80, 45, 29, 32, and 78 were obtained and tallied. The analysts assume that the number of arrivals is normally distributed. Based on these data, find the point estimate, compute a 95% confidence interval to have an estimation of the mean value for all 5-min intervals. 37.44 62.16 38 – 63 37 – 63 36.96 – 63.03
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