Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

To compute location measures and confidence interval for the given data.

The Stop N Go convenience chain recently selected a random sample of 10 customers. 

The store monitored the number of times each customer made a buy at the store over a two-month period.  The following data were collected:

10 19 17 19 12 20 20 15 16 13

Store executives are considering a promotion in which they reward frequent purchasers with a small gift.  They have decided that they will only give gifts to those shoppers whose number of visits in the past two-month period is above the mean plus 1 standard deviation.  Find out the minimum number of visits required to receive a gift.

MEAN = 161/10 = 16.1

576_location measures and confidence interval.jpg

The minimum number of visits necessary to receive a gift is 19.6 rounded up = 20.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M920847

Have any Question? 


Related Questions in Statistics and Probability

1 how might you find information about measures that have

1. How might you find information about measures that have been developed by ofllerresearchers? 2. What are diary mefllodologies, and why are flley used? 3. Discuss ways in which interviewers can increase flle reliabilit ...

Assignmentthe production department of the newspaper wants

Assignment The production department of the newspaper wants to ensure that the mean blackness of the print for all newspapers is at least 0.97 on a standard scale in which the target value is 1.0. A random sample of 50 n ...

Assume the random variable x is normally distributed with

Assume the random variable x is normally distributed with mean mu = 85 and standard deviation sigma =4. Find the indicated probability. P(x

Problem 1 three times each day a quality engineer samples a

Problem 1: Three times each day, a quality engineer samples a component from a recently manufactured batch and tests it. Each part is classified as conforming (suitable for its intended use), downgraded (unsuitable for t ...

What are the key components of consideration that went into

What are the key components of consideration that went into forming the Texas Constitution?

Using the table of random numbers in appendix a-1 draw a

Using the table of random numbers in Appendix A-1, draw a stratified random sample of 10 boys and 10 girls from the following population: Ed Dale Eleanor Carlos Betsy Elisha Kevin Collin Raji Chris Milou Richard Tom Ryan ...

1 what advantage do experiments have over descriptive and

1. What advantage do experiments have over descriptive and correlational studies? 2. A well-designed experiment possesses what three characteristics? 3. Distinguish between qualitative and quantitative levels of an indep ...

Using the table below compute the spearman rank correlation

Using the table below, compute the spearman rank correlation coefficient for the aggressiveness scores. Does this suggest that both twins tend to be similar in degrees of aggressiveness? Twin set 1 st  born aggressivenes ...

An article in archaeometry involved an analysis of 48

An article in Archaeometry involved an analysis of 48 samples of Romano-Britishpottery, found at four different kiln sites in the United Kingdom. The samples were analyzed todetermine their chemical-composition. The perc ...

The manager of the cheesecake factory in boston reports

The manager of The Cheesecake Factory in Boston reports that on six randomly selected weekdays, the number of customers served was 120, 130, 100, 205, 185, and 220. She believes that the number of customers served on wee ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen