Question 3 [4 marks] A Supermarket manager want to estimate time spend by customers when doing their purchases. He obser
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Question 3 [4 marks] A Supermarket manager want to estimate time spend by customers when doing their purchases. He obser
Question 3 [4 marks] A Supermarket manager want to estimate time spend by customers when doing their purchases. He observed the entry and departure times of 86 randomly selected cus- tomers from the supermarket. The sample mean time was found to be 27.9 minutes. Assume a population standard deviation of 10.5 minutes and that shopping time is approximately normally distributed. Construct 90% confidence interval for the actual time spend by customers doing their shopping. Interpret your answer.