Waitresses and waiters at a restaurant are trying to estimate the average tip on a given...
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Waitresses and waiters at a restaurant are trying to estimate the average tip on a given day. Data is available below or at Statkey. At Statkey, select Cl for 'Single Mean, Median, St.Dev., then change the data set to Resturant Tips (Tip). To use a spreadsheet copy and paste the table below. Apply the Central Limit Theorem to find a 95% confidence interval for the average daily tip at this resturant. 10 2.5 1.75 3 10 3.55 6.3 575 4 1 15 1 3.7 2.31 8.06 3.74 6.7 24 1.26 5.11 7 3.44 2.1 2.6 7 2.2 5.16 ANOG 10 2 4 5 4.47 2 ST 2.75 52SNS55 1.5 WIE 25 3.15 4.02 3.13 3.61 1 4 5.02 3.73 4.53 6.96 3.46 5.42 3 7.04 3.75 34523I3BK 1.5 3.12 T 5.2 5.01 2.42 1 5.91 2.8 3.33 2 3.11 2 7.25 2.75 4.16 4.71 5.44 2.38 2.28 2.75 10 4 1.56 2 3.5 3.72 2.75 2.16 4.4 2.81 10 2.5 2.27 2.79 L = 3.61 3 1.25 1.25 10.41 vola 5.7 4.5 2.47 1.42 1.44 1.83 1.03 5.7 4.05 9 3.62 4.05 5.96 4 9.76 2 0.25 6.05 5 1 2.43 2.2 0.25 2.15 4.15 2 8 4 0.74 1.6 2 3 2 1.12 7.06 6.14 4 3 5 1.5 1.8 4.69 10.49 6 4 2 2.3 4 3 1.9 3.35 1 4 1.82 4.37 4 2 3 1.14 5 3 3.13 Waitresses and waiters at a restaurant are trying to estimate the average tip on a given day. Data is available below or at Statkey. At Statkey, select Cl for 'Single Mean, Median, St.Dev., then change the data set to Resturant Tips (Tip). To use a spreadsheet copy and paste the table below. Apply the Central Limit Theorem to find a 95% confidence interval for the average daily tip at this resturant. 10 2.5 1.75 3 10 3.55 6.3 575 4 1 15 1 3.7 2.31 8.06 3.74 6.7 24 1.26 5.11 7 3.44 2.1 2.6 7 2.2 5.16 ANOG 10 2 4 5 4.47 2 ST 2.75 52SNS55 1.5 WIE 25 3.15 4.02 3.13 3.61 1 4 5.02 3.73 4.53 6.96 3.46 5.42 3 7.04 3.75 34523I3BK 1.5 3.12 T 5.2 5.01 2.42 1 5.91 2.8 3.33 2 3.11 2 7.25 2.75 4.16 4.71 5.44 2.38 2.28 2.75 10 4 1.56 2 3.5 3.72 2.75 2.16 4.4 2.81 10 2.5 2.27 2.79 L = 3.61 3 1.25 1.25 10.41 vola 5.7 4.5 2.47 1.42 1.44 1.83 1.03 5.7 4.05 9 3.62 4.05 5.96 4 9.76 2 0.25 6.05 5 1 2.43 2.2 0.25 2.15 4.15 2 8 4 0.74 1.6 2 3 2 1.12 7.06 6.14 4 3 5 1.5 1.8 4.69 10.49 6 4 2 2.3 4 3 1.9 3.35 1 4 1.82 4.37 4 2 3 1.14 5 3 3.13
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Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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