Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. the owner of a specialty coffee shop wants to stud

The owner of a specialty coffee shop wants to study coffee purchasing habits of customers at...

80.2K

Verified Solution

Question

Statistics

The owner of a specialty coffee shop wants to study coffeepurchasing habits of customers at her shop. She selects a randomsample of 60 customers during a certain week, with the followingresults:
• The amount spent was X = +7.25, S = +1.75.
• Thirty-one customers say they “definitely will” recommendthe specialty coffee shop to family and friends.
a. At the 0.05 level of significance, is there evidence thatthe population
mean amount spent was different from $6.50?
b. Determine the p-value in (a).
c. At the 0.05 level of significance, is there evidence thatmore than 50% of all the customers say they “definitely will”recommend
the specialty coffee shop to family and friends?
d. What is your answer to (a) if the sample mean equals$6.25?
e. What is your answer to (c) if 39 customers say they“definitely will” recommend the specialty coffee shop to family andfriends?

Answer & Explanation Solved by verified expert
3.9 Ratings (789 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Area m 160 140 120 100 8878 80 60 40 20 5 10 15 Length...

Finance
1.2K views

Bird Corporation has a 0.1 probability of a return of -0.23, a 0.1 probability of a...

Biology
1.2K views

Time left 0 55 A population of bacteria is found to have resistance to an...

Biology
1.2K views

Read the following quote and answer the question which follows Which type of unemployment was...

Biology
1.2K views

Which is the best description of the tertiary level of protein structure O A chain...

Accounting
1.2K views

ACCT 2123 Assignment 4 Answer the following questions and submit in the text box in...

Accounting
1.2K views

xyz company has total salaries of 70,000 for the period with federal income tax withholdings...

Accounting
1.2K views

ypriyaintain 00011 T - - Ap| Dat LUUUU ypriyaintain 00011...

Accounting
1.2K views

Answer the following 5. Your company has 1,000,000 shares of $5 par common...

Accounting
1.2K views

help EXERCISE 9-16 Floxibl. Budgets in a Cost Conter L09-10,...

Accounting
1.2K views

please write all the entrys for transactions Joumalize...

Finance
1.2K views

FREE CASH FLOW Financial information for Powell Panther Corporation is shown below: Powell Panther Corporation:...