How to confident that earning an average in tips

Assignment Help Basic Statistics
Reference no: EM13156479

At the time she was hired as a server at the Grumney Family restaurant, Beth Brigden was told, "You can average at least $20 a day in tips." Over the first 35 days she was employed at the restaurant, the mean daily amount of her tips was $24.85, with a standard deviation of $3.24. Can Ms. Brigden be 99% confident that she is earning an average of $20 or more per day in tips?

Reference no: EM13156479

Questions Cloud

Excluding both glycolysis and the citric acid cycle : Excluding both glycolysis and the citric acid cycle, how many ATP's are theoretically possible from oxidative phosphorylation as a result of the oxidation of 20 pyruvate molecules to form 20 acetyl Co A molecules? Show your work.
Cost-benefit analysis for college degree at university : Complete a cost-benefit analysis for a college degree at a university. Be sure to include all direct and indirect costs. Take into account the time value of money for future income.
Is there a systematic relationship : Using the World Bank classification of countries, select countries from the different categories and examine the data on output growth and education level. Is there a systematic relationship?
How many milliliters of 0.5 m naoh are needed : How many milliliters of 0.5 M NaOH are needed to exactly neutralize 100 milliliters of 1 M HCl?
How to confident that earning an average in tips : Mean daily amount of her tips was $24.85, with a standard deviation of $3.24. Can Ms. Brigden be 99% confident that she is earning an average of $20 or more per day in tips?
Contrast transformational management with boss : Contrast transformational management with the boss (the guy with the twin points of hair) in Dilbert. How do the other Dilbert characters react to the boss?
Preparing a statement of owner equity : When you are preparing a Statement of Owner's Equity and have to subtract the investments to get the beginning capital, do you subtract the cash in bank? Is that an investment?
Calculate the present worth of all of the costs : If an option existed for an equivalent computer system to be purchased for $810 per month, paid at the end of each month in 2012, should they take this plan instead? Explain Answer!
What is the expected partial pressure of so2(g) : After the reaction comes to equilibrium, an additional 1.00g of O2(g) is added to the system. What is the expected partial pressure of SO2(g) then?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd