Nidyaj backwards ny is the real name
Answer:
The formula for an average rate of return is derived by dividing the average annual net earnings after taxes or return on the investment by the original investment or the average investment during the life of the project and then expressed in terms of percentage.
Step-by-step explanation:
Assuming the data is as shown, restaurant X has a mean service time of 180.56, with a standard deviation of 62.6.
The standard error is SE = s/√n = 62.6/√50 = 8.85.
At 95% confidence, the critical value is z = 1.960.
Therefore, the confidence interval is:
180.56 ± 1.960 × 8.85
180.56 ± 17.35
(163, 198)
Restaurant Y has a mean service time of 152.96, with a standard deviation of 49.2.
The standard error is SE = s/√n = 49.2/√50 = 6.96.
At 95% confidence, the critical value is z = 1.960.
Therefore, the confidence interval is:
152.96 ± 1.960 × 6.96
152.96 ± 13.64
(139, 167)
