An Electronic store is being questioned by the Head Manager. The Head boss is concerned about this location as it does not have a high enough average of customers per hour. They wouldn’t be concerned if the average is greater than 15 customers per hour. In Excel, use the given data to answer the questions below and use the α=0.05 level to show that the Head boss does not need to be concerned.Test the claim to an alpha=0.05 level, that the shop sees on average more than 15 customers per hour.Time12141513141718131722161424141815111417Questions:What is the Null and alternative hypothesis?Point estimate is?P-value?Decision?A written statement on whether the Head boss has any reason to be concerned or not. Data analysis gives:Time Mean15.68421Standard Error0.745562Median15Mode14Standard Deviation3.249831Sample Variance10.5614Kurtosis1.471114Skewness1.162671Range13Minimum11Maximum24Sum298Count19Confidence Level(95.0%)1.566369

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Description: An Electronic store is being questioned by the Head Manager. The Head boss is concerned about this location as it does not have a high enough average of customers per hour. They wouldn’t be concerned if the average is greater than 15 customers per ho

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Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter1: Functions

Section1.2: The Least Square Line

Problem 7E

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An Electronic store is being questioned by the Head Manager. The Head boss is concerned about this location as it does not have a high enough average of customers per hour. They wouldn’t be concerned if the average is greater than 15 customers per hour. In Excel, use the given data to answer the questions below and use the α=0.05 level to show that the Head boss does not need to be concerned.

Test the claim to an alpha=0.05 level, that the shop sees on average more than 15 customers per hour.

Time
12
14
15
13
14
17
18
13
17
22
16
14
24
14
18
15
11
14
17

Questions:

What is the Null and alternative hypothesis?
Point estimate is?
P-value?
Decision?
A written statement on whether the Head boss has any reason to be concerned or not.

Data analysis gives:

Time

Mean	15.68421
Standard Error	0.745562
Median	15
Mode	14
Standard Deviation	3.249831
Sample Variance	10.5614
Kurtosis	1.471114
Skewness	1.162671
Range	13
Minimum	11
Maximum	24
Sum	298
Count	19
Confidence Level(95.0%)	1.566369

Definition Definition Measure of central tendency that is the value that occurs most frequently in a data set. A data set may have more than one mode if multiple categories repeat an equal number of times. For example, in a data set with five item—3, 5, 5, 29, 473—the mode is 5 because it occurs twice and no other value occurs more than once. On a histogram or bar chart, the element with the highest bar represents the mode. Therefore, the mode is sometimes considered the most popular option. The mode is useful for nominal or categorical data (e.g., the most common color car that users purchase), but it is problematic for continuous data because it is more likely not to have any value that is more frequent than the other.

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9780321964038

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GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

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