Question:
a store has an average of 500 customers a day, from a sample of 56 days of data.
How many days can have a measure of zero customers while keeping withing +/-5% of the average?
I'm not sure what data i need to collect or if i can calculate this based on the above information only.
Any tips would help. I am not a statistics major
.
a store has an average of 500 customers a day, from a sample of 56 days of data.
How many days can have a measure of zero customers while keeping withing +/-5% of the average?
I'm not sure what data i need to collect or if i can calculate this based on the above information only.
Any tips would help. I am not a statistics major