Study characteristics of customers

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The owner of a restaurant serving continental food wants to study characteristics of customers of his restaurant. In particular, he decides to focus on two variables: the amount of money spent by customers and whether or not customers order dessert. The results from a sample of 60 customers are as follows:

  • Amount spent mean = $38.54; standard deviation = $7.26
  • 18 customers purchased dessert

a) [4] If she wants to have 90% confidence of estimating the true proportion of customers who purchase dessert to within ± 0.04, what sample size is needed? Use both the pilot study and worst-case scenario.

Reference no: EM132581359

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