Exhibit 10-7 In order to estimate the difference between the average hourly wages of employees of two branches of a department store, two independent random samples were selected and the following statistics were calculated. Use the following information and the PopMeanDiff template to answer the following about two samples. Downtown Store North Mall Store Sample size 25 20 Sample mean $9 $8 Sample standard deviation $2 SI Refer to Exhibit 10-7. A point estimate for the difference between the two sample means (Downtown Store-North Mall Store) is

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Exhibit 10-7
In order to estimate the difference between the average hourly wages of employees of two branches of a department
store, two independent random samples were selected and the following statistics were calculated. Use the following
information and the PopMeanDiff template to answer the following about two samples.
Downtown Store
North Mall Store
Sample size
25
20
Sample mean
$9
$8
Sample standard deviation
$2
SI
Refer to Exhibit 10-7. A point estimate for the difference between the two sample means (Downtown Store- North
Mall Store) is
2
Transcribed Image Text:Exhibit 10-7 In order to estimate the difference between the average hourly wages of employees of two branches of a department store, two independent random samples were selected and the following statistics were calculated. Use the following information and the PopMeanDiff template to answer the following about two samples. Downtown Store North Mall Store Sample size 25 20 Sample mean $9 $8 Sample standard deviation $2 SI Refer to Exhibit 10-7. A point estimate for the difference between the two sample means (Downtown Store- North Mall Store) is 2
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