STAT – A random sample of 49 lunch customers was taken at a restaurant
QUESTION
A random sample of 49 lunch customers was taken at a restaurant. The average amount of time the customers in the sample stayed in the restaurant was 45 minutes with a standard deviation of 14 minutes.1-Compute the standard error of the mean.2-With a .95 probability, what statement can be made about the size of the margin of error?3-Construct a 95% confidence interval for the true average amount of time customers spent in the restaurant.4-With a .95 probability, how large of a sample would have to be taken to provide a margin of error of 2.5 minutes or less?
ANSWER:
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.