5. In order to determine if there is any difference between the mean daily sales of 2 locations of an electronics chain, the data below has been gathered. At a 1% level of significance, test to determine if there is a significant difference in the mean daily sales of the 2 locations. What is your conclusion? Center City Location Suburban Mall Location 13 $38,000 Sample size Sample Mean Sample Standard Deviation 16 $36,500 $3,000 $4,200

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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5. In order to determine if there is any difference between the mean daily sales of 2 locations
of an electronics chain, the data below has been gathered. At a 1% level of significance, test
to determine if there is a significant difference in the mean daily sales of the 2 locations.
What is your conclusion?
Center City Location
Suburban Mall Location
13
$38,000
Sample size
Sample Mean
Sample Standard Deviation
16
$36,500
$3,000
$4,200
Transcribed Image Text:5. In order to determine if there is any difference between the mean daily sales of 2 locations of an electronics chain, the data below has been gathered. At a 1% level of significance, test to determine if there is a significant difference in the mean daily sales of the 2 locations. What is your conclusion? Center City Location Suburban Mall Location 13 $38,000 Sample size Sample Mean Sample Standard Deviation 16 $36,500 $3,000 $4,200
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