Mathematics, 09.06.2020 14:57 tylerkitchen44
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. A random sample of 36 stores this year shows mean sales of 53 units of a small appliance with a standard deviation of 12 units. During the same point in time last year, a random sample of 49 stores had mean sales of 41 units with standard deviation 6 units.
It is of interest to construct a 95 percent confidence interval for the difference in population means ?1??2, where ?1 is the mean of this year's sales and ?2 is the mean of last year's sales.
Enter values below rounded to three decimal places.
(a) The estimate is: .
(b) The standard error is: .
Answers: 3
Mathematics, 21.06.2019 14:00, Taylor73836
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Mathematics, 21.06.2019 16:30, Zayo1337
An airport in death valley is 60 feet below sea level, and an airplane is flying 2,000 feet above sea level. how many feet must the plane descend in order to land? a. 2060 b. 2000 feet c. 1940 feet d. 1880 feet e.1400 feet will mark as brainliest
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A market research firm supplies manufacturers with estimates of the retail sales of their products f...
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