Home / Expert Answers / Statistics and Probability / nancy-is-a-waitress-at-seventh-heaven-hamburgers-she-wants-to-estimate-the-average-amount-each-tab-pa699

(Solved): Nancy is a waitress at Seventh Heaven Hamburgers. She wants to estimate the average amount each tab ...



Nancy is a waitress at Seventh Heaven Hamburgers. She wants to estimate the average amount each table leaves for a tip. A random sample of 5 groups was taken and the amount they left for a tip (in dollars) is listed below: $13.00 $7.00 $5.00 $3.00 $12.00 a.) Find a 90% confidence interval for the average amount left by all groups. (*round to the nearest cent*) $ < \mu < $ b.) If the sample size were larger, with everything else remaining the same, would the margin of Error increase or decrease? Increase Decrease c.) If the Confidence level were 95% instead of 90%, would the range (size) of the Confidence Interval be larger or smaller? Smaller Larger



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe