MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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2. A fast-food franchiser is considering building a restaurant at a certain location. According to
a financial analysis, a site is acceptable only if the number of pedestrians passing the location
averages more than 100 per hour. A random sample of 50 hours produced a mean of 110 and a
standard deviation of 12 pedestrians per hour.
Do these data provide sufficient evidence to establish that the site is acceptable? Use a=0.05.
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Transcribed Image Text:2. A fast-food franchiser is considering building a restaurant at a certain location. According to a financial analysis, a site is acceptable only if the number of pedestrians passing the location averages more than 100 per hour. A random sample of 50 hours produced a mean of 110 and a standard deviation of 12 pedestrians per hour. Do these data provide sufficient evidence to establish that the site is acceptable? Use a=0.05.
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