Question
Refer to the data file P08_66.xlsx. Comfy Company sells medium priced patio furniture through a mail-order catalog. It has operated primarily in the East but
Refer to the data file P08_66.xlsx. Comfy Company sells medium priced patio furniture through a mail-order catalog. It has operated primarily in the East but is now expanding to the Southwest. To get off to a good start, it plans to send potential customers a catalog with a discount coupon. However, Comfy is not sure how large a discount is needed to entice customers to buy. It experiments by sending catalogs to selected residents in six cities. Tucson and San Diego receive coupons for 5% off any furniture within the next two months, Phoenix and Santa Fe receive coupons for 10% off, and Riverside and Albuquerque receive coupons for 15% off.
Comfy wonders whether there are differences across pairs of cities that receive the same discount.
a. Calculate a 95% confidence interval for the difference between the mean amount spent for the following pairs of cities: (These means should include the "0 purchases." Round your answers to one decimal place, if necessary. If your answer is negative number, enter "minus" sign.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started