Anita's, a fast-food chain specializing in hot dogs and garlic fries, keeps track of the proportion of its customers who decide to eat in the restaurant (as opposed to ordering the food "to go") so it can make decisions regarding the possible construction of in-store play areas, the attendance of its mascot Sammy at the franchise locations, and so on. Anita's reports that  of its customers order their food to go. Suppose that this proportion is correct and that a random sample of  individual customers is taken. Answer the following.   (If necessary, consult a list of formulas.) (a)          Estimate the number of customers in the sample who order their food to go by giving the mean of the relevant distribution (that is, the expectation of the relevant random variable). Do not round your response.   (b)          Quantify the uncertainty of your estimate by giving the standard deviation of the distribution. Round your response to at least three decimal places.

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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Anita's, a fast-food chain specializing in hot dogs and garlic fries, keeps track of the proportion of its customers who decide to eat in the restaurant (as opposed to ordering the food "to go") so it can make decisions regarding the possible construction of in-store play areas, the attendance of its mascot Sammy at the franchise locations, and so on. Anita's reports that  of its customers order their food to go. Suppose that this proportion is correct and that a random sample of  individual customers is taken.

Answer the following.

 

(If necessary, consult a list of formulas.)

(a)          Estimate the number of customers in the sample who order their food to go by giving the mean of the relevant distribution (that is, the expectation of the relevant random variable). Do not round your response.

 

(b)          Quantify the uncertainty of your estimate by giving the standard deviation of the distribution. Round your response to at least three decimal places. 

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