Confidence interval for average daily demand for milk

Reference no: EM131373492

The management of a supermarket needs to make estimates of the average daily demand for milk. The following data are available (number of half-gallon containers sold per day): 48, 59, 45, 62, 50, 68, 57, 80, 65, 58, 79, 69.

Assuming that this is a random sample of daily demand, give a 90% confidence interval for average daily demand for milk.

Reference no: EM131373492

Questions Cloud

Bacteria in food chains and food webs : What are the main ecological roles of bacteria in food chains and food webs?

Thinking as a scientist-designing research : Consider the process by which scientists think through information and solve problems and how this is similar and different to how nonscientists approach the world. Consider a small problem that is solvable scientifically. Describe the process you..

Recognizing living and nonliving things : Consider the properties and characteristics of life. Choose two items (one of which is alive or has been alive and one which has never been alive).

Discuss most important elements of fiction : Discuss what you believe are the most important elements of fiction. What makes a piece of fiction engaging, entertaining and timeless? Describe what makes a quality work of fiction

Confidence interval for average daily demand for milk : The management of a supermarket needs to make estimates of the average daily demand for milk.- Assuming that this is a random sample of daily demand, give a 90% confidence interval for average daily demand for milk.

Describe price elasticity of supply or demand : Describe price elasticity of supply or demand for Johnson and Johnsons transvaginal mesh - Explain two nonprice factors impact the demand, 2 nonprice facts ipoact the supply of product, define industry and market equilibrium associated with produc..

Identify the type of organization : Identify the type of organization used in the following sentence: I went to the buffet six times, and I still saved room for dessert

Calculate force exerted by the water on the curved surface : Calculate the force exerted by the water on the curved surface of the conical cork submerged in water when the liquid level in the vessel is equal to H

Program to convert nfas into dfas : Write a program that can do one of the functions - Program to convert NFAs into DFAs. and Program to convert RGinto an NFA.

User Account

All Pages