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Blababa [14]
2 years ago
13

The Owner of a large chain restaurant with 1,200 employees estimates that about 250 employees will ask for winter vacation. A ra

ndom sample of 40 employees show that 8 of them will ask for the time off . Determine whether the owner's estimate is likely to be accurate
Mathematics
1 answer:
dimaraw [331]2 years ago
8 0

Answer:

He is likely to be accurate.

Step-by-step explanation:

An estimate is a value that is close to the true or actual value. Usually, a sample from a smaller group is projected into a larger population. To crosscheck the trueness of the estimate, we compare the small sample to the large sample thus;

If 40 employees =  8 applicants for vacation

1200 employees = ? applicants for vacation

Cross multiplying the above gives;

<u>1200 * 8</u>

40

= 9600/40

= 240 applicants for vacation.

The figure 240 is close to the owner's estimate of 250.

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