Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 2 (1 point) You are a manager for a team of employees that uses a computer system as part of the process for completing

image text in transcribed
Question 2 (1 point) You are a manager for a team of employees that uses a computer system as part of the process for completing a sale for a customer. You are investigating if it is worthwhile to make the switch to a new platform to increase monthly sales. You have 16 of your sales representatives use the new system, and 19 of your sales representatives use the old system. The sales representatives who received the new system had a mean monthly individual sales of $28,679, with a sample standard deviation of $3,241. The sales representatives who did not receive the new system had mean monthly individual sales of $24,963, with a sample standard deviation of $3,305. Using this information, you want create a 99% confidence for Hnew system - Hold system. What is the margin of error for your confidence interval? NOTE: 1- The degree of freedom to use in your analysis is 32. 2- Only round your final answer. Round it to the nearest whole number

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Abstract Algebra A First Course

Authors: Dan Saracino

2nd Edition

1478618221, 9781478618225

More Books

Students also viewed these Mathematics questions

Question

1. Eat lunch with a different group of students every day.

Answered: 1 week ago

Question

1. Effort is important.

Answered: 1 week ago