Math Problem Statement
Solution
To solve this problem, I will follow these steps:
-
Determine the proportion of service times less than or equal to 50 seconds:
- Analyze the data provided in the file (Restaurant.xlsx) to count how many of the 50 service times meet the condition seconds.
- Calculate the sample proportion .
-
Calculate a 90% confidence interval:
- Use the formula for a confidence interval for a population proportion:
where:
- is the critical value corresponding to a 90% confidence level ().
- is the sample size (50 in this case).
- Use the formula for a confidence interval for a population proportion:
where:
-
Evaluate if the 90% confidence interval supports the manager’s goal:
- Check if at least 80% of the service times () fall within the confidence interval.
- Provide recommendations accordingly.
I’ll start by processing the data file to extract the necessary information. Please upload the "Restaurant.xlsx" file so I can proceed.
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Math Problem Analysis
Mathematical Concepts
Statistics
Proportion Analysis
Confidence Intervals
Formulas
Sample Proportion Formula: p̂ = x/n
Confidence Interval for Proportion: p̂ ± Z * √(p̂(1 - p̂)/n)
Theorems
Central Limit Theorem
Suitable Grade Level
Undergraduate/College Level
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