Use data collected at a retail store to estimate the average amount of money people spend in
Question:
Use data collected at a retail store to estimate the average amount of money people spend in the store.
Identify the method of analysis needed to answer the question. Indicate whether we should conduct a hypothesis test or find a confidence interval and also indicate whether the analysis will be done on a proportion, a mean, a difference in proportions, a difference in means, or a matched pairs difference in means.
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Related Book For
Statistics Unlocking The Power Of Data
ISBN: 9780470601877
1st Edition
Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock
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