Monica wants to estimate the mean number of steaksthat restaurant visitors orderduring a typical week. She checks the sales record for a random sample of 16 weeks and finds the mean number of steaks sold is 130 steaks per week; the sample standard deviation is 12 steaks. With 95% of confidence, estimate the mean number of steaks soldduring a typical week.State all assumptions that you used.
Assumptions:-
(1) A simple random sample are taken from the population of interest.
(2) The population should be normally distributed.
Get Answers For Free
Most questions answered within 1 hours.