Confidence interval for the mean amount left by all groups

Assignment Help Basic Statistics

Reference no: EM1321692

Latasha is a waitress at Seventh Heaven Hamburgers. She wants to estimate the average amount each group at a table leaves for a tip. A random sample of 52 groups gave a mean of $8.30 with a standard deviation of $2.42. Find a 90% confidence interval for the mean amount left by all groups.

Reference no: EM1321692

Questions Cloud

How does life cycle also permanent income theories resolve : How does the life cycle also permanent income theories resolve the seemingly contradictory pieces of evidence regarding consumption behavior?

Absent for sickness based on sample-confidence interval : Create a 95% confidence interval for the population mean days absent for sickness based on this sample. Select the answer closest to your results.

Minimum size of instruction : An imaginary computer has the 16 data registers (R0 to R3), 1024 words in memory, and the 16 different instructions (add, subtract, etc.). Explain the minimum size of the instruction in bits.

What feature of a ppf illustrates increasing opportunity : Illustrate what feature of a PPF illustrates increasing opportunity cost also elucidate why does your PPF not have this feature.

Confidence interval for the mean amount left by all groups : A random sample of 52 groups gave a mean of $8.30 with a standard deviation of $2.42. Find a 90% confidence interval for the mean amount left by all groups.

Tanglewood historical recruiting methods : Evaluate data related to Tanglewood's historical recruiting methods to determine the effectiveness for each method. Use the data in your responses.

Explaining supposition of normal population is doubtful : Why might supposition of normal population be doubtful? Problem arises when?

Calculate the smallest sample size required : Calculate the smallest sample size required to estimate the population mean under the following specifications:

Elucidate how absolute also comparative advantage : Complete the International Trade Simulation. Elucidate how absolute also comparative advantage was used in your simulation.

Reviews

Write a Review

Required(*) Message

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages