Suppose the manager of a large furniture store wants to estimate the amount spent by customers during the holiday season. She took a random sample of customers and recorded the amount they spent. A histogram of the data shows that the data is strongly left-skewed. The figures below show the confidence intervals for the mean amount spent using (A) raw (untransformed) data, and (B) log-transformed data, which showed a more normally distributed data set. Use this information to answer the question.
Calculate the width of both intervals (note that you will need to convert the log-transformed interval back into dollars). Which interval is narrower?
◦ Width of interval for untransformed data: 144.2; width of interval for transformed data: 152.5. The width of the interval for the untransformed data is narrower.
◦ Cannot be determined with the given information
◦ Width of interval for untransformed data: 144.2; width of interval for transformed data: 129.8. The width of the interval for the log transformed data is narrower.
◦ Width of interval for untransformed data: 72.1; width of interval for transformed data: 273. The width of the interval for the log transformed data is narrower.
Large regions of the Boreal forest in Alberta have been divided into a grid due to industrial develo
Large Tortoiseshell
Albatrosses, of the biological family Diomedeidae, are large seabirds
Vacuoles in Plant Cells Are Usually Large
Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many
Venn diagram representation of 17,067 medium and large clusters of protein