Which restaurant has the lowest mean sales

Assignment Help Basic Statistics
Reference no: EM131654477

Question: Applebee's International, Inc., is a U.S. company that develops, franchises, and operates the Applebee's Neighborhood Grill and Bar restaurant chain. It is the largest chain of casual dining restaurants in the country, with more than 1,500 restaurants across the United States. The headquarters is located in Overland Park, Kansas. The company is interested in determining if mean weekly revenue differs among three restaurants in a particular city. The file titled Apple bees contains revenue data for a sample of weeks for each of the three locations.

a. Test to determine if blocking the week on which the testing was done was necessary. Use a significance level of 0.05.

b. Based on the data gathered by Applebee's, can it be concluded that there is a difference in the average revenue among the three restaurants?

c. If you did conclude that there was a difference in the average revenue, use Fisher's LSD approach to determine which restaurant has the lowest mean sales.

Reference no: EM131654477

Questions Cloud

Is your leadership vision a combination of multiple theories : In your leadership meeting, each of your colleagues exhibits a different leadership style. The first colleague exhibits the traits of a situational leader;
How all partners experienced a resource and a strategic fit : Provide basic information about the collaboration such as the companies involved, the product, and the form of collaboration - Explain how all partners experie
Dysfunctional family increase student potential difficulties : Discuss why some students are not behaviorally or academically impacted by poverty, divorce, and/or a dysfunctional family when other students
How does federalism affect policy development : How does federalism affect policy development? How then does policy development affect the rights of the individual? What is the overall effect?
Which restaurant has the lowest mean sales : If you did conclude that there was a difference in the average revenue, use Fisher's LSD approach to determine which restaurant has the lowest mean sales.
Generating the impulse response function : (a) Why is the Choleski decomposition required when generating the impulse response function.
Describe a recent real-world cyberattack that has conducted : Select one transnational examples and describe a recent, real-world cyberattack that has been conducted against our nation or another state actor.
Which store has the highest average prices : Based on the sample data, which store has the highest average prices? Use Fisher's LSD test if appropriate.
Explain what direct price discrimination is : Explain what direct price discrimination is. What is the effect on producer surplus, and consumer surplus from the practice of price discrimination?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Two points along a straight stick of length 39 cm are

two points along a straight stick of length 39 cm are randomly selected. the stick is then broken at those two points.

  The consumption of two types of manufacturing goods x and y

the consumption of two types of manufacturing goods x and y follows a hypothetical joint probability density function

  Find the r-value and equation for the best-fit lie

If the doctor wants to use height to predict head circumference run a linear regression on the data. Find the r-value and comment about it.

  Consider the following regression model graph salary y

consider the following regression modelsalaryin 1000 20 2x 5z 0.7xzwhere x is the number of years of experience

  Evaluating the proportion within confidence

How many voters required to be sampled to evaluate the proportion within 0.05 with 95% confidence?

  What is the probability of randomly selecting one individual

What is the probability of randomly selecting one individual (male or female) with a current annual salary of over $55,000?

  A researcher notes that the correlation in the group she

a researcher notes that the correlation in the group she studies is so large that if there were not a correlation among

  Define yield management what conditions would be necessary

you are trying to create a budget to optimize the use of a portion of your disposable income. you have a maximum of

  What is the probability that a hotel room costs between 200

new york city is the most expensive city in the united states for lodging. the mean hotel room rate is 204 per night

  Compute the distribution using possibilities

The other measurement is below 10, i.e. where high measurements tend to cancel low measurements. Use these possibilities to compute the distribution of when n = 2(i.e., find , , etc.).

  Find the p value associated with given hypothesis test

Is there any evidence to suggest the proportion of tractor batteries that last at least three years is less than 0.95? Use a = 0.05.

  An algorithm that translates regular grammars into finite

Show that regular grammars and finite automata have equivalent definitional power by developing (a) an algorithm that translates regular grammars into finite automata and

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