Question: Using an excel page only please Chapter 10 Problem 8 At the time she was hired as a server at the Grumney Family Restaurant, Beth

Using an excel page only please

Chapter 10 Problem 8

At the time she was hired as a server at the Grumney Family Restaurant, Beth Brigden was told, You can average $80 a day in tips. Assume the population of daily tips is normally distributed with a standard deviation of $9.95. Over the first 35 days she was employed at the restaurant, the mean daily amount of her tips was $84.85. At the .01 significance level, can Ms. Brigden conclude that her daily tips average more than $80?

Reference

Lind, D., Marchel, W., & Wathen, S. (2015). Statistical Techniques in Business and Economics (16th ed.). McGraw-Hill Education

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