Eddie Clauer sells a wide variety of outdoor equipment and clothing. The company sells both through mail order and via the internet. Random samples of sales receipts were studied for mail-order sales and internet sales, with the total purchase being recorded for each sale. A random sample of 14 sales receipts for mail-order sales results in a mean sale amount of $93.90 with a standard deviation of $24.75. A random sample of 8 sales receipts for internet sales results in a mean sale amount of $82.00 with a standard deviation of $21.25. Using this data, find the 99% confidence interval for the true mean difference between the mean amount of mail-order purchases and the mean amount of internet purchases. Assume that the population variances are not equal and that the two populations are normally distributed. Step 1 of 3 :

Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.

Step 2 of 3

Find the Staandard error of the sampling distrbution to be used in constructing the confidence interval

Step 3 of 3

you were to ask to construct the 90% confidence interval, given the following information

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

explanation:

kool beans

answer; offer in store wine and beer samples;

u = 30

continuing your method

= +

subtract from both sides

= - thus

= -

= ⇒ u = 30