A sales manager for a large department store believes that customer spending per visit with a sale is higher than customer spending without a sale, and would like to test that claim. A simple random sample of customer spending is taken from without a sale and with a sale. The results are shown below. Mean Variance Observations Hypothesized Mean Difference df t Stat P(T<=t) one-tail t Critical one-tail P(T<=t) two-tail t Critical two-tail Confidence Level Without sale With sale 78.138 1852.0102 300 74.894 1951.47 200 0 419 0.813 0.208 1.648 0.417 1.966 95% = -3 Samples from without sale: nwithout Samples from with sale: nwith Point estimate for spending without sale: without = Ex: 1.234 Point estimate for spending with sale: with = Ex: 9 -2 -1 Р t = 0 Ex: 1.234 2 3
A sales manager for a large department store believes that customer spending per visit with a sale is higher than customer spending without a sale, and would like to test that claim. A simple random sample of customer spending is taken from without a sale and with a sale. The results are shown below. Mean Variance Observations Hypothesized Mean Difference df t Stat P(T<=t) one-tail t Critical one-tail P(T<=t) two-tail t Critical two-tail Confidence Level Without sale With sale 78.138 1852.0102 300 74.894 1951.47 200 0 419 0.813 0.208 1.648 0.417 1.966 95% = -3 Samples from without sale: nwithout Samples from with sale: nwith Point estimate for spending without sale: without = Ex: 1.234 Point estimate for spending with sale: with = Ex: 9 -2 -1 Р t = 0 Ex: 1.234 2 3
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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