STATS – John and Mario of Mi Casa Front Porch Restaurant wanted to identify
John and Mario of Mi Casa Front Porch Restaurant wanted to identify if there was a difference in sales between their newest locations, North Scottsdale and Glendale since they spend most of their time at the original location. Based upon a 6 year review of sales, the mean for North Scottsdale $729K with a standard deviation of $25K and the mean for Glendale was $530K with a standard deviation of $35K. Create and conduct the hypothesis test for two samples means at a .10 significance level. Interpret the results for the restaurant.
Based on the scenario above, what approach should the John and Mario use to complete their study, identify the hypothesis, test the hypothesis, and provide an analysis of the conclusions? What does the data mean for Mi Casa Front Porch Restaurant?
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