The owner of a restaurant that serves continental food wants to study characteristics of his customers. He decides to focus on two variables: the amount of money spent by customers and whether customers order dessert. The results from a sample of 60 customers are as follows: • Amount spent: X=$38.54, S= $7.26 • 18 customers purchased dessert. a. Construct a 95% confidence interval estimate of the population mean amount spent per customer in the restaurant.
Confidence interval:
z is the chosen Z-value (1.96 for 95% from t-table)
95% confidence interval is (36.70, 40.38)
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