Solved

A Manager of a Cafeteria Wants to Estimate the Average 98%98 \%

Question 13

Short Answer

A manager of a cafeteria wants to estimate the average time customers wait before being served. A random sample of 49 customers has an average waiting time of 8.4 minutes with a standard deviation of 3.5 minutes.
-With 98%98 \% confidence, what can the manager conclude about the possible size of his error in using 8.4 minutes to estimate the true average waiting time?

Correct Answer:

verifed

Verified

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