Tim Hortons Conducts a Random Survey of 1000 Customers in Their

question 23

Multiple Choice

Tim Hortons conducts a random survey of 1000 customers in their Ottawa outlets on a particular day. For each customer they collect data on the time taken to fill the order, how frequently the customer comes to Tim Hortons in a week, whether the customer purchased only coffee or additional item(s) , and the level of overall satisfaction using a scale from 1 to 5. What is the "Who" of this study?

• A) the 1000 customers
• B) the time taken to fill the customer order
• C) whether the customer purchased only coffee or additional item(s)
• D) the level of overall satisfaction
• E) how frequently the customer comes to Tim Hortons in a week

Understand the differences between confidence intervals at different confidence levels.

Grasp how to estimate population parameters (mean or proportion) from sample statistics.

Understand the concept of the standard error of the mean.

Know how to calculate the standard deviation of a population given a sample.

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Definitions:

Writing Requirement

The writing requirement refers to legal stipulations that certain types of agreements or contracts must be documented in written form to be legally valid.

Drawer

A drawer is a person or entity that issues or writes a check or draft, instructing a bank or similar institution to pay a specific amount of money to a designated party.

Drawee

The party on whom a cheque or draft is drawn, responsible for paying the specified amount on the instrument.

Payee

The party in a financial transaction who receives the payment.