Analysis showed that the mean arrival rate for vehicles at a certain Shell station on Friday afternoon last year was 4.5 vehicles per minute. How large a sample would be needed to estimate this year’s...


Analysis showed that the mean arrival rate for vehicles at a certain Shell station on Friday afternoon last year was 4.5 vehicles per minute. How large a sample would be needed to estimate this year’s mean arrival rate with 98 percent confidence and an error of ±0.5? 8.39 Noodles & Company wants to estimate the mean spending per customer at a certain restaurant with 95 percent confidence and an error of ±$0.25. What is the required sample size, assuming a standard deviation of $2.50 (based on similar restaurants elsewhere)?



May 20, 2022
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