Question

In: Statistics and Probability

There are two fast food burger chains near your house. You want to determine which one...

There are two fast food burger chains near your house. You want to determine which one has the shortest wait times. The last ten times you went to “Dan’s Diner,” the wait times were:

12, 13, 13, 16, 17, 19, 19, 20, 22, 24 (minutes)

You then call the statistician for “Burger Barn” and he tells you the following:
“Our mean wait time is 19 minutes, with a standard deviation of 1.65 minutes. Here is

our 5-number summary: {12, 18, 19, 20, 25}”
a.) (2 pts.) Write a 5-number summary {min, Q1, median, Q3, max} for Dan’s Diner.

b.) (3 pts.) Draw box plots for Dan’s Diner and Burger Barn on the same number line (one above the other).

c.) (3 pts.) Compare the two box plots. Which restaurant has shorter wait times? Use statistical language in your answer.

d.) (3 pts.) Complete the table and calculate the standard deviation for Dan’s Diner. Dan’s Diner: 12, 13, 13, 16, 17, 19, 19, 20, 22, 24

Data value

Deviation

Squared Deviation

Standard Deviation (round to two decimal places):

e.) (3 pts.) Which burger chain has more consistent wait times? Use statistical language in your answer.

Solutions

Expert Solution

(a) 5 number summary for Dan's Diner. Detailed calculation is given in the image below

(b) Boxplot:

(c) Observe above two boxplots. First quartile, and median for Dan's Diner is less than that of Burger Barn. So median waiting time for Dan's Diner is less than that of Burger Barn. Interquartile range(IQR) is Third quartile minus first quartile which is more for Dan's Diner. IQR measures the spread of the data, more the IQR more is the spread of the data from mean. Boxplot clearly shows that Dan's Diner has shorter wait times.

(d) Standard deviation is 4.03. Table and detailed solution is in the image below

(e) Burger Barn has more consistent wait times.

Standard deviation measure the spread of the data. More the standard deviation, more is the spread and more spread means data is less consistent. Standard deviation for Burger Barn is 1.65 minutes and standard deviation for Dan's Diner is 4.03. Hence Burger Barn has more consistent waiting time than Dan's Diner.

This answers your question. If you understood, please rate positively.


Related Solutions

For python! You walk into a fast food restaurant and order fries, a burger, and a...
For python! You walk into a fast food restaurant and order fries, a burger, and a drink. Create a simple text based user interactive program keeps track of the menu items you order. Use a dictionary to keep track of your menu items and price and another dictionary to keep track of your order and quantity.  Fries are $3.50  Burger are $5.00  Drinks are $1.00  Sales tax rate is 7.25% menu = { "burger":5.00, "fries":3.50, "drink":1.00...
Watch the video I posted on Nutrition content of fast food chains. Select a fast food...
Watch the video I posted on Nutrition content of fast food chains. Select a fast food chain you might order food from. Create your meal (what you really would order, not what you think you should order) What is the breakdown of calories, fat, carbohydrates, etc..? Were you surprised and will you try to make other choices in the futre? I have created a thread in case you want to comment on other student's selection, but not necessary for grading...
The wait times (in seconds) for fast food service at two burger companies were recorded for...
The wait times (in seconds) for fast food service at two burger companies were recorded for quality assurance. Using the sample data below, find the following for each sample: Range Standard deviation Variance Lastly, compare the two sets of results. Company Wait times in seconds Big Burger Company 105 67 78 120 175 115 120 59 The Cheesy Burger 133 124 200 79 101 147 118 125
Taco Bell, one of the leading fast food chains in USA, plans to start operations in...
Taco Bell, one of the leading fast food chains in USA, plans to start operations in Pakistan (Karachi). Taco Bell, in its country of origin, is known for spicy Mexican food and affordable prices. In Pakistan, however, it is an almost unheard of entity. A large Pakistani group has taken the franchise and wishes to conduct a pre-launch survey to gauge the likely consumer response based on consumer’s preferences in terms of taste, price, ambience etc. Requirements: Assume that you...
Burger King is a fast food restaurant that were in Indonesia in the 1990s re-emerged in...
Burger King is a fast food restaurant that were in Indonesia in the 1990s re-emerged in the country's culinary market. The retail company, PT Mitra Adiperkasa Tbk (MAP) is now the largest fast food restaurant licensee in the US and their competitor is McDonald. MAP added a new subsidiary on behalf of PT Sari Burger Indonesia to manage Burger King. MAP opened Burger King outlets in mid-2007. In their website, Burger King state that : Every day, more than 11...
For example, Dicks Burger is a popular fast food with multiple locations in the United States....
For example, Dicks Burger is a popular fast food with multiple locations in the United States. In order to achieve fast-growing, Dicks Burger would like to open stores in other countries. (Please response in 700-800 words) a) Identify the environmental factors (economic, social/cultural, environmental, etc.) of a new location that you think would be important to the future success of Dicks Burger. Provide detailed analysis for each environmental factor you have chosen. b) Which countries would you recommend to Dicks...
Many fast food restaurant chains like McDonalds and others have some stores which are directly owned...
Many fast food restaurant chains like McDonalds and others have some stores which are directly owned by the company (McDonalds) which hires a manager and staff to manage the restaurants, and some stores that they sell a franchise to an outside company/individual who operates the restaurants and pays the company (McDonalds) a franchise fee and keeps the rest of the profits. The franchise fee will have to be paid no matter what the profits of the restaurant may be. (a)...
Wendy's International, Inc., and McDonald's Corporation, two leading fast-food chains, are classified in SIC code 5812—Eating...
Wendy's International, Inc., and McDonald's Corporation, two leading fast-food chains, are classified in SIC code 5812—Eating Places. Recent results for each company, along with industry averages, follow. Wendy's McDonald's Industry Average Return on assets ?7.7% ?9.9% ?6.4% Return on common stockholders' equity 11.9% 17.7% 14.0% Net income as a percentage of sales ?7.4% 12.7% ?2.9% Debt-to-equity ratio ??.67 ??.98 ?1.04 (a)  Which company has the stronger profitability position? Why? (b)  Which company uses more debt? Why? (c)  How do Wendy's and McDonald's compare...
Many fast food restaurant chains, such as McDonald's, will occastionally discontinue restaurants in their system. What...
Many fast food restaurant chains, such as McDonald's, will occastionally discontinue restaurants in their system. What are some financial considerations in deciding to eliminate a store?
A fast-food restaurant uses an average of 110 grams of meat per burger patty. Suppose the...
A fast-food restaurant uses an average of 110 grams of meat per burger patty. Suppose the amount of meat in a burger patty is normally distributed with a standard deviation of 20 grams. What is the probability that the average amount of meat in four randomly selected burgers is less than 105 grams?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT