1,000) s1 = 4 s2 = 9 a) Determine the point estimate of the difference between the means -5 b) Determine the degrees of freedom for the interval estimation. 23 c) Develop a 90% confidence interval for the difference between the two population mean

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3.3) In order to estimate the difference between the average daily sales of two branches of a department store, the following data has been gathered. Suppose the normality and equal vairance assumptions hold. Let α = 0.01.

  North Mall Store Downtown Store
Sample Size n1 = 10 days n2 = 15 days
Sample mean (in $1,000) x1 = 20 x2 = 25
Sample Standard Deviation (in $1,000) s1 = 4 s2 = 9

a) Determine the point estimate of the difference between the means

-5

b) Determine the degrees of freedom for the interval estimation.

23

c) Develop a 90% confidence interval for the difference between the two population mean.

 

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