If 100 randomly selected customers eat at jans this sunday, Ask an Expert

Statistics

Jan's restaurant chargers $8.95 for a buffet style Sunday brunch. This price is determined by operating cost and food cost. The distribution of the price is right skewed with a mean of $8.20 and standard deviation of $3.00.

a. If 100 randomly selected customers eat at Jan's this Sunday what are mean and standard error of the sampling distribution of mean restaurant expense?

b.ate the central limit theorem.

c.find the probability that the restaurant makes a profit that day.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9116599

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