Math Problem Statement

A popular Italian eatery has had a dispute among the wait staff regarding the amount of tips waiters receive on the lunch shift and on the dinner shift. Before making any adjustments in schedules or other​ policies, the restaurant manager wants to estimate the difference in the average tips earned by waiters on the lunch schedule and on the dinner schedule. To do​ this, she randomly selected 6060 tip reports for lunch servers over the past year and 5050 tip reports from dinner servers. The results given below were observed. Assuming equal population​ variances, develop and interpret aa 9595​% confidence interval estimate for the difference between the population mean tips earned by lunch servers and by dinner servers. Lunch Dinner Mean Tips ​$64.964.90 ​$101.3101.30 St. Dev. Tips ​$11.811.80 ​$13.5913.59 Question content area bottom Part 1 Let sample 1 be the sample from the lunch servers and let sample 2 be the sample from the dinner servers. The 9595​% confidence interval is enter your response hereless than or equals≤left parenthesis mu 1 minus mu 2 right parenthesisμ1−μ2less than or equals≤enter your response here. ​(Round to two decimal places as​ needed.) Part 2 The mean tips earned ▼ are not are the same during the lunch and dinner​ shifts, because the confidence interval ▼ does not contain contains the value ▼ negative 1.−1. 0.0. 1.1.

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
Hypothesis Testing

Formulas

Pooled Standard Deviation: s_p = √((n1 - 1)s1² + (n2 - 1)s2²) / (n1 + n2 - 2)
Standard Error: s_d = s_p * √(1/n1 + 1/n2)
Confidence Interval: (x̄1 - x̄2) ± t* * s_d

Theorems

Central Limit Theorem
t-Distribution

Suitable Grade Level

Grades 11-12