Hint(s) Check My Work Many small restaurants in Portland, Oregon, and other cities across the United States do not take reservations. Owners say that with smaller capacity, noshows are costly, and...


Hint(s)<br>Check My Work<br>Many small restaurants in Portland, Oregon, and other cities across the United States do not take reservations. Owners say that with smaller capacity, noshows<br>are costly, and they would rather have their staff focused on customer service rather than maintaining a reservation system (pressherald.com). However, it is<br>important to be able to give reasonable estimates of waiting time when customers arrive and put their name on the waiting list. The file RestaurantLine contains<br>10 observations of number of people in line ahead of a customer (independent variable x) and actual waiting time (dependent variable y). The estimated<br>regression equation is: ŷ = 11.97 + 7.68x and MSE = 144.2066. Click on the datafile logo to reference the data.<br>DATA file<br>Use Table 2 of Appendix B.<br>a. Develop a point estimate for a customer who arrive with three people on the wait-list (to 1 decimal).<br>minutes<br>b. Develop a 95% confidence interval for the mean waiting time for a customer who arrives with three customers already in line (to 2 decimals).<br>minutes,<br>minutes)<br>c. Develop a 95% prediction interval for Roger and Sherry Davy's waiting time if there are three customers in line when they arrive (to 2 decimals).<br>minutes,<br>minutes)<br>d. Discuss the differences in your answers to parts (b) and (c).<br>The prediction interval is<br>- Select your answer - v than the confidence interval.<br>

Extracted text: Hint(s) Check My Work Many small restaurants in Portland, Oregon, and other cities across the United States do not take reservations. Owners say that with smaller capacity, noshows are costly, and they would rather have their staff focused on customer service rather than maintaining a reservation system (pressherald.com). However, it is important to be able to give reasonable estimates of waiting time when customers arrive and put their name on the waiting list. The file RestaurantLine contains 10 observations of number of people in line ahead of a customer (independent variable x) and actual waiting time (dependent variable y). The estimated regression equation is: ŷ = 11.97 + 7.68x and MSE = 144.2066. Click on the datafile logo to reference the data. DATA file Use Table 2 of Appendix B. a. Develop a point estimate for a customer who arrive with three people on the wait-list (to 1 decimal). minutes b. Develop a 95% confidence interval for the mean waiting time for a customer who arrives with three customers already in line (to 2 decimals). minutes, minutes) c. Develop a 95% prediction interval for Roger and Sherry Davy's waiting time if there are three customers in line when they arrive (to 2 decimals). minutes, minutes) d. Discuss the differences in your answers to parts (b) and (c). The prediction interval is - Select your answer - v than the confidence interval.
Excel<br>File<br>Edit<br>View<br>Insert<br>Format<br>Tools<br>Data<br>Window<br>Help<br>100%<br>Thu 4:11 PM Q<br>АВС<br>A<br>AutoSave<br>restaurantline<br>Qv Search Sheet<br>OFF<br>A<br>Home<br>Insert<br>Page Layout<br>Formulas<br>Data<br>Review<br>View<br>Share a<br>X Cut<br>Σ AutoSum v<br>Times New...<br>12<br>A- A♥<br>Wrap Text<br>General<br>||<br>||<br>Соpy<br>Fill -<br>I U<br>2$<br>% )<br>+.0<br>.00<br>.00<br>+.0<br>Sort &<br>Filter<br>Paste<br>+ Merge & Center<br>Conditional Format<br>Cell<br>Insert<br>Delete<br>Format<br>Format<br>Clear v<br>Formatting as Table<br>Styles<br>O Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates.<br>Check for Updates<br>A1<br>fx Number of Customers<br>A<br>В<br>D<br>E<br>F<br>G<br>H<br>K<br>L<br>M<br>N<br>R<br>U<br>V<br>W<br>1 Number of Customers<br>Waiting Time (Minutes)<br>2<br>4<br>58<br>3<br>3<br>38<br>4<br>5<br>37<br>5<br>45<br>6<br>63<br>7<br>4<br>42<br>8<br>8<br>83<br>4<br>54<br>10<br>7<br>70<br>11<br>5<br>29<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20<br>21<br>22<br>23<br>24<br>25<br>26<br>27<br>28<br>29<br>30<br>31<br>32<br>33<br>34<br>Data<br>+<br>Ready<br>+<br>100%<br>APR<br>32<br>53<br>29<br>W<br>3D)<br>P.<br>国<br>

Extracted text: Excel File Edit View Insert Format Tools Data Window Help 100% Thu 4:11 PM Q АВС A AutoSave restaurantline Qv Search Sheet OFF A Home Insert Page Layout Formulas Data Review View Share a X Cut Σ AutoSum v Times New... 12 A- A♥ Wrap Text General || || Соpy Fill - I U 2$ % ) +.0 .00 .00 +.0 Sort & Filter Paste + Merge & Center Conditional Format Cell Insert Delete Format Format Clear v Formatting as Table Styles O Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check for Updates A1 fx Number of Customers A В D E F G H K L M N R U V W 1 Number of Customers Waiting Time (Minutes) 2 4 58 3 3 38 4 5 37 5 45 6 63 7 4 42 8 8 83 4 54 10 7 70 11 5 29 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Data + Ready + 100% APR 32 53 29 W 3D) P. 国
Jun 09, 2022
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