why why hot? 52. Foot Locker Store Productivity. Foot Locker uses sales per square foot as a measure of store productivity. Sales are currently running at an annual rate of $406 per square foot. You have been asked by management to conduct a study of a sample of 64 Foot Locker stores. Assume the standard deviation in annual sales per square foot for the population of all 3400 Foot Locker stores is $80. a. Show the sampling distribution of x, the sample mean annual sales per square foot for a sample of 64 Foot Locker stores. b. What is the probability that the sample mean will be within $15 of the population mean? c. Suppose you find a sample mean of $380. What is the probability of finding a sample mean of $380 or less? Would you consider such a sample to be an unusually low-performing group of stores? lonorting from Buffalo Niagara
why why hot? 52. Foot Locker Store Productivity. Foot Locker uses sales per square foot as a measure of store productivity. Sales are currently running at an annual rate of $406 per square foot. You have been asked by management to conduct a study of a sample of 64 Foot Locker stores. Assume the standard deviation in annual sales per square foot for the population of all 3400 Foot Locker stores is $80. a. Show the sampling distribution of x, the sample mean annual sales per square foot for a sample of 64 Foot Locker stores. b. What is the probability that the sample mean will be within $15 of the population mean? c. Suppose you find a sample mean of $380. What is the probability of finding a sample mean of $380 or less? Would you consider such a sample to be an unusually low-performing group of stores? lonorting from Buffalo Niagara
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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