subject
Mathematics, 17.03.2020 05:09 gabriellesmith1210

A Walton College of Business graduate, wants to start a hot dog stand on Dickson Street. He needs to raise $15,000 for start-up supplies and equipment. He believes that in order to be successful, he would need to sell more than 300 hot dogs on average per night. He creates a survey and stands on Dickson Street asking people to state whether or not they would buy a hot dog. He notices that the demand increases significantly after midnight. Sixty people complete his survey and based on their feedback, he purchases the supplies and equipment. He opened his stand and after the first two weeks he wants to analyze his sales. He is open 5 days a week and finds the average number of hot dogs sold is 335 with a standard deviation of 50. Is he meeting his original goal to be successful? Assume a 5% level of significance for this question. "The critical value is" ?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:30, gungamer720
Nine more than four times a number is the same as one less than twice the number. find the number?
Answers: 1
image
Mathematics, 21.06.2019 19:00, ashrobbb
The annual snowfall in a town has a mean of 38 inches and a standard deviation of 10 inches. last year there were 63 inches of snow. find the number of standard deviations from the mean that is, rounded to two decimal places. 0.44 standard deviations below the mean 2.50 standard deviations below the mean 0.44 standard deviations above the mean 2.50 standard deviations above the mean
Answers: 3
image
Mathematics, 21.06.2019 23:00, s11074739
Solve the system of equations using the substitution method. {y=−3x+7x=−2y−16 enter your answers in the boxes.
Answers: 1
image
Mathematics, 21.06.2019 23:20, braddypeter61
Interpret the following expression (5y^2-7)^3/(2y)^2
Answers: 2
You know the right answer?
A Walton College of Business graduate, wants to start a hot dog stand on Dickson Street. He needs to...

Questions in other subjects:

Konu
Mathematics, 24.06.2021 19:30
Konu
Mathematics, 24.06.2021 19:30