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Mathematics, 14.06.2020 04:57 xxxanitaxxx
Do consumers spend more on a trip to Target or Walmart? Suppose researchers interested in this question collected a systematic sample for 84 Target customers and 80 Walmart customers by asking customers for their purchase amount as they left the store. Using the given summary statistics, researchers calculated a 95% confidence interval for the mean difference between Target and Walmart purchase amounts. The interval was ($negative 15.05,$negative 2.95). Explain in context what this interval means.
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Do consumers spend more on a trip to Target or Walmart? Suppose researchers interested in this quest...
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