Allante Pizza delivers pizzas throughout its local market area at no charge to the customer. However, customers often tip the driver. The owner is interested in estimating the mean tip income per delivery
To do this, she has selected a simple random sample of 12 deliveries and has recorded the tips that were received by the drivers. These data are:$2.25 $2.50 $2.25 $2.00 $2.00 $1.50$0.00 $2.00 $1.50 $2.00 $3.00 $1.50Based on these sample data, what is the best point estimate to use as an estimate of the true mean tip per delivery?A) 1.875
B) 1.811
C) 1.50
D) 1.312
A
You might also like to view...
Answer the following statements true (T) or false (F)
1. A theory must have all five criteria for evaluating theory in order to be labeled “good.” 2. Some definitions of communication suggest that only messages sent consciously and purposely count as communication. 3. Appropriateness and effectiveness are both necessary to be a competent communicator. 4. Accuracy suggests that the best theories correctly summarize the way communication actually works. 5. Acuity refers to the ability of a theory to be easily understood.
Purchases on account are given below:OctoberNovemberDecember30,00040,00050,00055% of the month's purchases will be paid in the month of the purchase; the remaining 45% will be paid in the following month.How much will the cash payments for purchases be in November?
A. $35,500 B. $40,000 C. $36,000 D. $34,500
According to the textbook, the two main types of stressors are ______.
A. hindrance and task B. confront and address C. challenge and hindrance D. address and avoid
Why does the author say that salespeople should dress in armor?
A. To handle customer complaints B. To deal with rejection C. To deal with the ethical dilemmas that occur in sales D. To create an open, friendly environment E. To increase account response rates and customer referrals