Solved

A Coffee Shop Franchise Owner Is Looking at Two Possible

Question 161

Essay

A coffee shop franchise owner is looking at two possible locations for a new shop. To help make a decision the owner 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 and 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 247 and a sample standard deviation of 85. Assume the two populations variances are not known but are equal, and that the number of pedestrians is approximately normal.
-Calculate a 95% confidence interval for the difference in pedestrian traffic at the two locations.

Correct Answer:

verifed

Verified

[60.09,87.91]
[421-3...

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