How to confident that earning an average in tips

Assignment Help Basic Statistics
Reference no: EM13156479

At the time she was hired as a server at the Grumney Family restaurant, Beth Brigden was told, "You can average at least $20 a day in tips." Over the first 35 days she was employed at the restaurant, the mean daily amount of her tips was $24.85, with a standard deviation of $3.24. Can Ms. Brigden be 99% confident that she is earning an average of $20 or more per day in tips?

Reference no: EM13156479

Questions Cloud

Excluding both glycolysis and the citric acid cycle : Excluding both glycolysis and the citric acid cycle, how many ATP's are theoretically possible from oxidative phosphorylation as a result of the oxidation of 20 pyruvate molecules to form 20 acetyl Co A molecules? Show your work.
Cost-benefit analysis for college degree at university : Complete a cost-benefit analysis for a college degree at a university. Be sure to include all direct and indirect costs. Take into account the time value of money for future income.
Is there a systematic relationship : Using the World Bank classification of countries, select countries from the different categories and examine the data on output growth and education level. Is there a systematic relationship?
How many milliliters of 0.5 m naoh are needed : How many milliliters of 0.5 M NaOH are needed to exactly neutralize 100 milliliters of 1 M HCl?
How to confident that earning an average in tips : Mean daily amount of her tips was $24.85, with a standard deviation of $3.24. Can Ms. Brigden be 99% confident that she is earning an average of $20 or more per day in tips?
Contrast transformational management with boss : Contrast transformational management with the boss (the guy with the twin points of hair) in Dilbert. How do the other Dilbert characters react to the boss?
Preparing a statement of owner equity : When you are preparing a Statement of Owner's Equity and have to subtract the investments to get the beginning capital, do you subtract the cash in bank? Is that an investment?
Calculate the present worth of all of the costs : If an option existed for an equivalent computer system to be purchased for $810 per month, paid at the end of each month in 2012, should they take this plan instead? Explain Answer!
What is the expected partial pressure of so2(g) : After the reaction comes to equilibrium, an additional 1.00g of O2(g) is added to the system. What is the expected partial pressure of SO2(g) then?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determine probability that neither truck is available

If probability the first truck is available is= .75, probability the second truck is available is= .50, and probability both are available is= .30, determine the probability which neither truck is available?

  Compute probability to make purchase using binomial formula

Assume that 6 customers enter store and that these customers make independent purchase decisions. Use binomial formula to compute probability that exactly five customers make purchase.

  How many individuals participated in entire research study

A researcher conducts an independent measures research study and obtains t= 2.070 with df= 28. How many individuals participated in the entire research study?

  Statistics-probability of die rolls

A 6-sided die is rolled and depending on the result a ball is then chosen from one of three boxes. If the roll results in a 1 a ball is drawn from box A

  Probability regarding house sales or interest rates

The probability that house sales will increase in the next 6 months is estimated to be 0.25. The probability that the interest rates on housing loans will go up in the same period is estimated to be 0.74. The probability that house sales or intere..

  Random sample is selected from a normal population

A random sample is selected from a normal population. The population mean is 60 and the standard deviation is 15. after treatment the sample mean is 65. the sample size is 25.

  Determining goal of hotel room service

Operations manager thinks that only 10% of room service orders must take longer than 25 minutes if hotel has good customer service. Does hotel room service fulfil this goal?

  One way analysis of variance in excel

Is there evidence to suggest a difference in the mean waiting times at the four body shops? Use the .05 significance level.

  Define the terms parameter and statistic

Describe the goal of an experimental research study and identify the two elements that are necessary for an experiment to achieve its goal.

  Computing the standard deviation for distribution

Now compute the standard deviation for this distribution.

  Explaining conclusion on population standard deviation

It is believed that population standard deviation is 15 days. If test is conducted using a 0.05 level of significance, what conclusion must be reached?

  Determining proportional relationships

Assume that male snakes of a particular species are all scaled versions of the same basic shape. Describe in words the sort of relationship that you might expect there to be between the volume and the length of a snake. What relationship would you ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd