Question

A fast food franchiser is considering building a restaurant at a certain loaction.

A fast food franchiser is considering building a restaurant at a certain loaction. According to a financial analysis, a site is acceptable only if the number ofpedestrians passing the location averages more than 100 per hour. A random sample of 50 hours produced mean=110 and s=12 pedestrians per hour.
a)Do these data provide sufficien evidence to establish that the site is acceptable?use 5% significance level.
b) what assumptions about the number of pedestrians passing the location in an hour are necessary for your hypothesis test to be valid?

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