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A fast food company is interested to know how many times residents of a town eat fast food per week. (How many meals per week). The town population is 150,000. The company asked you to survey its residents and find out the answer to the company’s question. You take a random sample of 400 and find that the sample mean is 5.2 with standard deviation of 3.75. You want to generalize your findings in a report to the company. a) Build a confidence interval with 95% certainty. b) How would you report it to the company?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93126366

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