4. The marketing director of a large department store wants to estimate the average number of customers who enter the store every ?ve minutes. She randomly selects ?ve-minute intervals and counts the...

4. The marketing director of a large department store wants to estimate the average number of customers who enter the store every ?ve minutes. She randomly selects ?ve-minute intervals and counts the number of arrivals at the store. She obtains the ?gures 48, 32, 41, 37, 56, 70, 45, 39, 32, and 78. The analyst assumes the number of arrivals is normally distributed. Using these data, the analyst computes a 95% con?dence interval to estimate the mean value for all ?ve-minute intervals.What interval values does she get?

May 23, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here
April
January
February
March
April
May
June
July
August
September
October
November
December
2025
2025
2026
2027
SunMonTueWedThuFriSat
30
31
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
1
2
3
00:00
00:30
01:00
01:30
02:00
02:30
03:00
03:30
04:00
04:30
05:00
05:30
06:00
06:30
07:00
07:30
08:00
08:30
09:00
09:30
10:00
10:30
11:00
11:30
12:00
12:30
13:00
13:30
14:00
14:30
15:00
15:30
16:00
16:30
17:00
17:30
18:00
18:30
19:00
19:30
20:00
20:30
21:00
21:30
22:00
22:30
23:00
23:30