Considering offering the following special


A pizza house is considering offering the following special: "Pizza delivered in less than 30 minutes or the pizza is free." Based on a random sample of 40 delivery times, the manager learns that there is 99% probability that the true mean delivery time is less than 30 minutes. The manufacturer concludes that since 99% of pizzas are delivered in under 30 minutes, it will be safe to go ahead with the special offer. Is the manager's interpretation correct? Why or why not?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Considering offering the following special
Reference No:- TGS0735504

Expected delivery within 24 Hours