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 69 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
:D TYSM


bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

For a complete list of videos, visit our video library