In: Statistics and Probability
Moonbucks coffee shop believes that on average, 20 cars go
through the drive-thru every 30 minutes...
- Moonbucks coffee shop believes that on average, 20 cars go
through the drive-thru every 30 minutes and the standard deviations
is known to be 8 cars. A random sample of 25 half-hour periods is
taken and the sample mean is found to be 24. Test the null
hypothesis that the mean is 20. Use an alpha of .05. Make it a
two-tail test and assume the distribution is normally
distributed.
b . Develop a 95 confidence interval
and interpret it in two ways.