Analyzing delivery goals
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A gift store has a goal of processing 95 percent of its orders on the same day they are received. If 485 out of the next 500 orders are processed on the same day, would this prove that they are exceeding their goal, using ? = .025?
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Solution Summary
The expert explains and interprets ambiguities in performance numbers based on delivery goals of a company. Whether a situation would prove that they are exceeding their goal is determined.
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485 does exceed 95%.
It really depends on the criteria for defining parameters. If those 500 orders are received over 5 days (100/day lets ...
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