This topic contains a solution. Click here to go to the answer

Author Question: A major electronics store chain is interested in estimating the average amount its credit card ... (Read 101 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
A major electronics store chain is interested in estimating the average amount its credit card customers spent on their first visit to the chain's new store in the mall. Fifteen credit card accounts were randomly sampled and analyzed with the following results: x = 50.50 and s2 = 400 . A 95 confidence interval for the average amount the credit card customers spent on their first visit to the chain's new store in the mall is:
 a. 50.50  9.09 c. 50.50  11.08.
  b. 50.50  10.12 d. None of these choices.

Question 2

The Kruskal-Wallis test can be used to determine whether a difference exists between two populations. However, to determine whether one population location is larger than another, we must apply the Wilcoxon rank sum test.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tkempin

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

C

Answer to Question 2

T




bucstennis@aim.com

  • Member
  • Posts: 532
Reply 2 on: Jun 24, 2018
Gracias!


cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

For a complete list of videos, visit our video library