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Mathematics, 07.07.2020 22:01 heavyhearttim
The management of a department store is interested in estimating the difference between the mean credit purchases of customers using the store's credit card versus those customers using a national major credit card. You are given the following information. (Give answers to 2 decimal places) Store's Card Major Credit Card
Sample size 64 49Sample mean $140 $125Population variance $100 $641. A point estimate for the difference between the mean purchases of the users of the two credit cards is:.2. At 95% confidence, the margin of error is:.3. A 95% confidence interval estimate for the difference between the average purchases of the customers using the two different credit cards is___ to ___.
4. The test statistic for an alpha of .05 is:.
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