Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The owner of a local supermarket wants to estimate the difference between the average number of gallons of milk sold per day on weekdays and

The owner of a local supermarket wants to estimate the difference between the average number of gallons of milk sold per day on weekdays and weekends. The owner samples 21 weekdays and finds an average of 291.791 gallons of milk sold on those days with a standard deviation of 37.284. 28 Saturdays and Sundays are sampled and the average number of gallons sold is 383.274 with a standard deviation of 47.373. If a 90% confidence interval is calculated to estimate the difference between the average number of gallons sold on weekdays and weekends, what is the margin of error? Assume both population standard deviations are equal.

Question 7 options:

1)

21.006

2)

20.592

3)

16.273

4)

1.67792672

5)

12.51916004

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

Step: 3

blur-text-image

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

Physics For Scientists And Engineers

Authors: Raymond A Serway, John W Jewett

10th Edition

1337671711, 9781337671712

More Books

Students also viewed these Mathematics questions

Question

Who is responsible for the audit of local authorities in Scotland?

Answered: 1 week ago

Question

The quality of the proposed ideas

Answered: 1 week ago

Question

The number of new ideas that emerge

Answered: 1 week ago