You Are A Business Analyst For A National Boutique Clothing Store Your Managemen

) of 8.4 customers per hour with a standard error of the mean = 0.4

a.      What is the distribution of the sample means for the 52 weeks?

b.      Without doing a calculation, there is a _____% chance the actual population mean is between 7.6 and 9.2.

c.      Find the probability an individual sample mean is less than 7.9 customers per hour.

d.      What is the distribution of the underlying population (customer arrivals)?

e.      Use the standard error to calculate an approximation for the underlying population standard deviation. Is this calculation consistent with your understanding of the distribution of the underlying population? Why?

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