A restaurant chain has two locations in a medium-sized town and, believing that it has oversaturated the market for its food, is considering closing one of the restaurants. The manager of the restaurant with a downtown location daims that his restaurant generates more revenue than the sister restaurant by the freeway. The CEO of this company, wishing to test this daim, randomly selects 36 monthly revenue totals for each restaurant. The revenue data from the downtown restaurant have a mean of $360,000 and a standard deviation of $50,000, while the data from the restaurant by the freeway have a mean of $340,000 and a standard deviation of $40,000. Assume there is no reason to believe the population standard deviations are equal and let h and h denote the mean monthly revenue of the downtown restaurant and the restaurant by the freeway, respectively. Which of the following is the correct value of the test statistic to analyze the daim?. A. t66 = 1.848 B. ts7 = 1.848 C. ts6 = 1.874 D. ts7 1.874

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
20. Paul owns a mobile wood-fired pizza oven operation. A couple of his dients complained about his
dough at a recent catering, so he changed his dough to a newer product. Using the old dough,
there were 6 complaints out of 385 pizzas. With the new dough, there were 16 complalnts out of
340pizzas. Let p, be the proportion of customer complaints with the old dough and p, be the
proporti(n of customer complains with the new dough, Based on a 95% confidence for the
difference of the proportions, what can be concluded?
A. Reject Ho, we can conclude the proportion of customer complaints is more for the old
dough
B. Do not reject Ho, we can conclude the proportion of customer complaints is more for the
old dough
C. Do not reject Ho, we cannot conclude the proportion of customer complaints is more for
the old dough
D. Reject Ho, we cannot conclude the proportion of customer complaints is more for the old
dough
Transcribed Image Text:20. Paul owns a mobile wood-fired pizza oven operation. A couple of his dients complained about his dough at a recent catering, so he changed his dough to a newer product. Using the old dough, there were 6 complaints out of 385 pizzas. With the new dough, there were 16 complalnts out of 340pizzas. Let p, be the proportion of customer complaints with the old dough and p, be the proporti(n of customer complains with the new dough, Based on a 95% confidence for the difference of the proportions, what can be concluded? A. Reject Ho, we can conclude the proportion of customer complaints is more for the old dough B. Do not reject Ho, we can conclude the proportion of customer complaints is more for the old dough C. Do not reject Ho, we cannot conclude the proportion of customer complaints is more for the old dough D. Reject Ho, we cannot conclude the proportion of customer complaints is more for the old dough
19. A restaurant chain has two locations in a medium-sized town and, believing that it has
oversaturated the market for its food, is considering closing one of the restaurants. The
manager of the restaurant with a downtown location cdaims that his restaurant generates
more revenue than the sister restaurant by the freeway. The CEO of this company, wishing
to test this daim, randomly selects 36 monthly revenue totals for each restaurant. The revenue
data from the downtown restaurant have a mean of $360,000 and a standard deviation of
$50,000, while the data from the restaurant by the freeway have a mean of $340,000 and a
standard deviation of $40,000. Assume there is no reason to believe the population standard
deviations are equal and let u and denote the mean monthly revenue of the downtown
restaurant and the restaurant by the freeway, respectively. Which of the following is the
correct value of the test statistic to analyze the daim?
A. ts6
1.848
B. t = 1.848
C. t = 1.874
D. t67
1.874
Transcribed Image Text:19. A restaurant chain has two locations in a medium-sized town and, believing that it has oversaturated the market for its food, is considering closing one of the restaurants. The manager of the restaurant with a downtown location cdaims that his restaurant generates more revenue than the sister restaurant by the freeway. The CEO of this company, wishing to test this daim, randomly selects 36 monthly revenue totals for each restaurant. The revenue data from the downtown restaurant have a mean of $360,000 and a standard deviation of $50,000, while the data from the restaurant by the freeway have a mean of $340,000 and a standard deviation of $40,000. Assume there is no reason to believe the population standard deviations are equal and let u and denote the mean monthly revenue of the downtown restaurant and the restaurant by the freeway, respectively. Which of the following is the correct value of the test statistic to analyze the daim? A. ts6 1.848 B. t = 1.848 C. t = 1.874 D. t67 1.874
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman