Remember that for these Collaborative Activities, we will be investigating various aspects of Pizza Hat, a...
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Remember that for these Collaborative Activities, we will be investigating various aspects of Pizza Hat, a US- based multi-national company that primarily sells pizza. Specifically, Pizza Hat's entry into the country of India. Be sure to show your work, including numbers that are typed in the calculator and any other calculations that are done. To get credit, more than an answer must be shown. Scenario 13 At the Crown Interior Pizza Hat location in Faridabad, a report showed that 431 out of 778 orders were for delivery. (a) What is the best point estimate for the true proportion of delivery orders? (b) What is the margin of error for the 98% confidence level? (Round to 4 decimal places) (c) State the 98% confidence interval for the true proportion of delivery orders. (Round to 4 decimal places) (d) Interpret the confidence interval in the context of the scenario. (e) What is the minimum sample size needed to have a 4 percentage point error for the proportion of or that were carry-out. Remember that for these Collaborative Activities, we will be investigating various aspects of Pizza Hat, a US- based multi-national company that primarily sells pizza. Specifically, Pizza Hat's entry into the country of India. Be sure to show your work, including numbers that are typed in the calculator and any other calculations that are done. To get credit, more than an answer must be shown. Scenario 13 At the Crown Interior Pizza Hat location in Faridabad, a report showed that 431 out of 778 orders were for delivery. (a) What is the best point estimate for the true proportion of delivery orders? (b) What is the margin of error for the 98% confidence level? (Round to 4 decimal places) (c) State the 98% confidence interval for the true proportion of delivery orders. (Round to 4 decimal places) (d) Interpret the confidence interval in the context of the scenario. (e) What is the minimum sample size needed to have a 4 percentage point error for the proportion of or that were carry-out.
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