Julie manages a franchise restaurant and is analyzing the tips left at her location. From corporate informational material, she
knows the overall
population mean is $6.85 with a standard deviation of $1.25. Julie has a sample of 180 tips for her franchise. By the central limit theorem, which
interval can Julie be 95% certain that the sample mean will fall within?
OA. $6.76 and $6.94
O B. $6.57 and $7.13
OC. $6.66 and $7.04
OD. $6.83 and $6.87
population mean is $6.85 with a standard deviation of $1.25. Julie has a sample of 180 tips for her franchise. By the central limit theorem, which
interval can Julie be 95% certain that the sample mean will fall within?
OA. $6.76 and $6.94
O B. $6.57 and $7.13
OC. $6.66 and $7.04
OD. $6.83 and $6.87
2 answers:
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Answer:
3.803% Profit
Step-by-step explanation:
First let us calculate total sales, then calculate the total cost, and then divide the two.
Sale: 120*1.1=132 and 52*.9=46.8
Cost: 120 and 52
Profit equation:
Simplify:
or 3.803% Profit