Double-feature box of cookies

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A) A cookie company has a double-feature box of cookies. These boxes come with two types of cookies; oatmeal and chocolate chip. However, the proportion of cookies of each type varies. A data analyst working for the company wonders if there is a tendency for the boxes to have more of one type of cookie than the other. In order to investigate, he selects 58 boxes of double feature oatmeal/ chocolate chip cookies and counts the number of each type of cookie. he finds out that in his sample of 58 boxes, the proportion of chocolate cookies os 0.36. What is the standard deviation of the sampling proportion of chocolate chip cookies?

B) On average, 40% of guests at a restaurant order the chef's steak special. The chef is expecting 160 tomorrow evening. How many of those meals should he plan on serving in order to be 95% sure (2 standard deviations above the mean) of having enough steaks on hand to meet customer demand?

Reference no: EM132401562

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