Answers: 3
Mathematics, 21.06.2019 20:20
Recall that the owner of a local health food store recently started a new ad campaign to attract more business and wants to know if average daily sales have increased. historically average daily sales were approximately $2,700. the upper bound of the 95% range of likely sample means for this one-sided test is approximately $2,843.44. if the owner took a random sample of forty-five days and found that daily average sales were now $2,984, what can she conclude at the 95% confidence level?
Answers: 1
Mathematics, 22.06.2019 02:00
Now, martin can reasonably guess that the standard deviation for the entire population of people at the mall during the time of the survey is $1.50. what is the 95% confidence interval about the sample mean? interpret what this means in the context of the situation where 95 people were surveyed and the sample mean is $8. use the information in this resource to construct the confidence interval.
Answers: 3
Least common multiples 4,24, 21...
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