s spend in the stores during shopping trips. TI consultant and ask her to determine the mea ers at the supermarkets. The consultant will c shopping times at the supermarkets and use times to estimate u. Assuming that the standa n of shopping times at the supermarkets is 29 urt sample size she must collect in order for her

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%
Executives of a supermarket chain are interested in the amount of time that
customers spend in the stores during shopping trips. The executives hire a
statistical consultant and ask her to determine the mean shopping time, µ,
of customers at the supermarkets. The consultant will collect a random
sample of shopping times at the supermarkets and use the mean of these
shopping times to estimate u. Assuming that the standard deviation of the M
population of shopping times at the supermarkets is 29 minutes, what is the
minimum sample size she must collect in order for her to be 90% confident
that her estimate is within s minutes of µ?
Carry your intermediate computations to at least three decimal places.
Write your answer as a whole number (and make sure that it is the
minimum whole number that satisfies the requirements).
(If necessary, consult a list of formulas.)
?
Transcribed Image Text:Executives of a supermarket chain are interested in the amount of time that customers spend in the stores during shopping trips. The executives hire a statistical consultant and ask her to determine the mean shopping time, µ, of customers at the supermarkets. The consultant will collect a random sample of shopping times at the supermarkets and use the mean of these shopping times to estimate u. Assuming that the standard deviation of the M population of shopping times at the supermarkets is 29 minutes, what is the minimum sample size she must collect in order for her to be 90% confident that her estimate is within s minutes of µ? Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole number that satisfies the requirements). (If necessary, consult a list of formulas.) ?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Pythagoras' Theorem
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman