Using the summary statistics provided in Exercise 11, researchers calculated a 95% confidence interval for the mean
Question:
Using the summary statistics provided in Exercise 11, researchers calculated a 95% confidence interval for the mean difference between Walmart and Target purchase amounts. The interval was (–14.15, – $1.85).
Data From Exercise 11
Do consumers spend more on a trip to Walmart or Target? Suppose researchers interested in this question collected a systematic sample from 85 Walmart customers and 80 Target customers by asking customers for their purchase amount as they left the stores. The data collected are summarized in the table below.
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Intro Stats
ISBN: 9780134668420
5th Edition
Authors: Richard D De Veaux, Paul F Velleman, David E Bock, Nick Horton
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