Solved

A Coffee Shop Franchise Owner Is Looking at Two Possible

Question 115

Short Answer

A coffee shop franchise owner is looking at two possible locations for a new shop. To help him decide, he looks at the number of pedestrians that go by each of the two locations in one-hour segments. At location A, counts are taken for 35 one-hour units, with a mean number of pedestrians of 421 and a sample standard deviation of 122. At the second location (B), counts are taken for 50 one-hour units, with a mean number of pedestrians of 347 and a sample standard deviation of 85. Assume the two populations variances are not known but are equal. Testing the claim that both sites have the same mean number of pedestrians at α = .01, what do you conclude?

Correct Answer:

verifed

Verified

Since the calculated t-value is larger t...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents