You are a manager for a team of employees that uses a computer system as part of the process for completing a sale for a customer. You are investigating if it is worthwhile to make the switch to a new platform to increase monthly sales. You have 17 of your sales representatives use the new system, and 15 of your sales representatives use the old system. The sales representatives who received the new system had a mean monthly individual sales of $30,497, with a sample standard deviation of $3,846. The sales representatives who did not receive the new system had mean monthly individual sales of $28,647, with a sample standard deviation of $2,614. Using this information, you want create a 99% confidence for Hnew system Hold system. What is the lower limit of your confidence interval? NOTE: 1- The degree of freedom to use in your analysis is 28. 2- Only round your final answer. Round it to the nearest whole number. -5032 -1332 1216 5032 -1927

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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You are a manager for a team of employees that uses a computer system as part of
the process for completing a sale for a customer. You are investigating if it is
worthwhile to make the switch to a new platform to increase monthly sales. You
have 17 of your sales representatives use the new system, and 15 of your sales
representatives use the old system. The sales representatives who received the new
system had a mean monthly individual sales of $30,497, with a sample standard
deviation of $3,846. The sales representatives who did not receive the new system
had mean monthly individual sales of $28,647, with a sample standard deviation of
$2,614.
Using this information, you want create a 99% confidence for
-
new system Hold system. What is the lower limit of your confidence interval?
NOTE:
1- The degree of freedom to use in your analysis is 28.
2- Only round your final answer. Round it to the nearest whole number.
-5032
-1332
1216
5032
-1927
Transcribed Image Text:You are a manager for a team of employees that uses a computer system as part of the process for completing a sale for a customer. You are investigating if it is worthwhile to make the switch to a new platform to increase monthly sales. You have 17 of your sales representatives use the new system, and 15 of your sales representatives use the old system. The sales representatives who received the new system had a mean monthly individual sales of $30,497, with a sample standard deviation of $3,846. The sales representatives who did not receive the new system had mean monthly individual sales of $28,647, with a sample standard deviation of $2,614. Using this information, you want create a 99% confidence for - new system Hold system. What is the lower limit of your confidence interval? NOTE: 1- The degree of freedom to use in your analysis is 28. 2- Only round your final answer. Round it to the nearest whole number. -5032 -1332 1216 5032 -1927
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