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A sample of the sales at 50 Haute Dog restaurants is taken and the sample mean is $30,000 per day. with a sample standard deviation of $2000. The population standard deviation is not known.
A. What is the 90% confidence interval for the daily sales at all restaurants.
B. What is the probability that the average sales are really $32,000 or more per day? Assume that the population average is $30,000 per day and the std. Deviation is $2k.
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A sample of size 36 results in a sample mean of 7.1. The value of the test statistic is ____
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