subject
Mathematics, 07.05.2020 04:57 10121545

A market research firm supplies manufacturers with estimates of the retail sales of their products from samples of retail stores. Marketing managers are prone to look at the estimate and ignore sampling error. An SRS of 17 stores this year shows mean sales of 85 units of a small appliance, with a standard deviation of 7.4 units. During the same point in time last year, an SRS of 11 stores had mean sales of 93.362 units, with standard deviation 14.6 units. A decrease from 93.362 to 85 is a drop of about 10%.

Construct a 95% confidence interval estimate of the difference μ1−μ2, where μ1 is the mean of this year's sales and μ2 is the mean of last year's sales.

The margin of error is

(The person with the correct answer to both will get 30 additional points)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 20.06.2019 18:02
Allie answered 72% of the questions on her math test correctly. if she answered 18 questions correctly, how many questions were on the test?
Answers: 2
question
Mathematics, 21.06.2019 19:30
Vinay constructed this spinner based on the population of teachers at his school according to vinays model what is the probability that he will have a male history teacher two years in a row
Answers: 3
question
Mathematics, 21.06.2019 20:30
List x1, x2, x3, x4 where xi is the left endpoint of the four equal intervals used to estimate the area under the curve of f(x) between x = 4 and x = 6. a 4, 4.5, 5, 5.5 b 4.5, 5, 5.5, 6 c 4.25, 4.75, 5.25, 5.75 d 4, 4.2, 5.4, 6
Answers: 1
question
Mathematics, 22.06.2019 00:30
The graph of f(x) is obtained by reflecting the graph of f(x)=-3|x| over the x-axis. which equation describes f(x)? a) f(x)=3|x| b) f(x)=|x+3| c) f(x)=-3|x| d) f(x) = - |x+3|
Answers: 1
You know the right answer?
A market research firm supplies manufacturers with estimates of the retail sales of their products f...
Questions
question
Mathematics, 26.09.2019 21:50
question
Mathematics, 26.09.2019 21:50
Questions on the website: 13722360