A Coffee Shop Franchise Owner Is Looking at Two Possible

question 56

Short Answer

A coffee shop franchise owner is looking at two possible locations for a new shop.To help make a decision,he looks at the number of pedestrians that go by each of the two locations in one-hour segments.At location A,counts are taken for 35 one-hour units,with a mean number of pedestrians of 421 and a sample standard deviation of 122.At the second location (B),counts are taken for 50 one-hour units,with a mean number of pedestrians of 347 and a sample standard deviation of 85.Assume the two population variances are not known but are equal.Calculate the pooled estimate of σ².

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Definitions:

Genetic Inheritance

The process through which genes and traits are passed down from parents to their offspring, determining various physical and sometimes behavioral characteristics.

Nature and Nurture

The debate concerning the relative contributions of genetic inheritance (nature) and environmental factors (nurture) to human development.

Locke

Refers to John Locke, a 17th-century English philosopher who proposed the theory of Tabula Rasa, suggesting that individuals are born without built-in mental content and that all knowledge comes from experience and perception.

Descartes

René Descartes was a French philosopher, mathematician, and scientist who is considered one of the key figures in the development of modern philosophy.