Question
A sales consultant for Herron Pharmaceuticals wished to confirm that their packet of 24 paracetamol tablets was cheaper at the retail level than their rival
A sales consultant for Herron Pharmaceuticals wished to confirm that their packet of 24 paracetamol tablets was cheaper at the retail level than their rival product. The sales consultant collected price data from two independent samples, of size22 for Herron and28 for the rival company. These yielded an average and variance for the retail price of Herron's product of363 cents and83 cents squared respectively, and391 cents and56 cents squared for the rival. Under the usual assumptions, determine a 90% confidence interval for the price difference (use Herron minus rival) stating only the upper limit of the interval in cents (round to the nearest whole number).
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