A fast-food franchiser is considering building a restaurant at a certain location. According to a financial analysis, a site is acceptable only if the number of pedestrians passing the location averages more than 100 per hour. A random sample of 50 hours produced a mean of 110 and a standard deviation of 12 pedestrians per hour. Do these data provide sufficient evidence to establish that the site is acceptable? Use a = 0.05.
A fast-food franchiser is considering building a restaurant at a certain location. According to a financial analysis, a site is acceptable only if the number of pedestrians passing the location averages more than 100 per hour. A random sample of 50 hours produced a mean of 110 and a standard deviation of 12 pedestrians per hour. Do these data provide sufficient evidence to establish that the site is acceptable? Use a = 0.05.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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