A Coffee Shop Franchise Owner Is Looking at Two Possible

question 18

Multiple Choice

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 and 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 populations variances are not known but are equal.Calculate a 95% confidence interval for the difference in pedestrian traffic at the two locations.(pooled estimate of = 22.4)

• A)(37.15 110.85)
• B)(14.6 59.4)
• C)(51.6 96.4)
• D)(30.1 117.9)

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Definitions:

Purported Partner

An individual who is represented or appears to be a partner in a business, regardless of the formal truth of that status.

Financial Difficulties

A situation in which an individual or organization struggles to manage their monetary obligations, potentially leading to insolvency or bankruptcy.

RUPA

An acronym for the Revised Uniform Partnership Act, which is a statutory law that governs the formation, operation, and dissolution of partnerships in the United States.

Continuity of Existence

A characteristic of certain business entities that ensures their existence persists regardless of changes in ownership or membership.