What is the probability in a random sample


Discuss the following:

Q: The manager of a restaurant believes that waiters and waitresses who introduce themselves by telling customers their names will get larger tips than those who don't. In fact, she claims that the average tip for the former group is 18%, whereas that of the later is 15%. If tips are normally distributed with a standard deviation of 3%, what is the probability that in a random sample of 10 tips recorded from waiters and waitresses who introduce themselves and 10 tips from those who don't, the mean of the former will exceed that of the latter?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: What is the probability in a random sample
Reference No:- TGS01905578

Now Priced at $20 (50% Discount)

Recommended (96%)

Rated (4.8/5)