9.88 Catalog sales A company that sells products through mail-order catalogs wants to evaluate whether the mean

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9.88 Catalog sales A company that sells products through mail-order catalogs wants to evaluate whether the mean sales for its most recent catalog were different from the mean of $15 from past catalogs. For a random sample of 100 customers, the mean sales were $10, with a standard deviation of $10. Find a P-value to provide the extent of evidence that the mean differed with this catalog. Interpret.

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Statistics The Art And Science Of Learning From Data

ISBN: 9781292164878

4th Global Edition

Authors: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg

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