Bf the Petall sales of their products from samples of retail stores. Marketing managers are prone to look at the estimate and ignore sampling error. An SRS of 17 stores this year shows mean sales of 57 nits of a small appliance, with a standard deviation of 11 units. During the same point in time last year, an SRS of 10 stores had mean ales of 68.99 units, with standard deviation 10 units. A decrease from 68.99 to 57 is a drop of about 21%. . Construct a 99% confidence interval estimate of the difference uj - H2, where uj is the mean of this year's sales and u2 is the mean of ast year's sales. a) -23.82 < (H1 - 42) < 0.16 b) The margin of error is 11.82
Bf the Petall sales of their products from samples of retail stores. Marketing managers are prone to look at the estimate and ignore sampling error. An SRS of 17 stores this year shows mean sales of 57 nits of a small appliance, with a standard deviation of 11 units. During the same point in time last year, an SRS of 10 stores had mean ales of 68.99 units, with standard deviation 10 units. A decrease from 68.99 to 57 is a drop of about 21%. . Construct a 99% confidence interval estimate of the difference uj - H2, where uj is the mean of this year's sales and u2 is the mean of ast year's sales. a) -23.82 < (H1 - 42) < 0.16 b) The margin of error is 11.82
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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