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Author Question: Exhibit 10-6The management of a department store is interested in estimating the difference between ... (Read 64 times)

Caileynorton

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Exhibit 10-6
The management of a department store is interested in estimating the difference between the mean credit purchases of customers using the store's credit card versus those customers using a national major credit card. You are given the following information.

 

 

Store's Card

Major Credit Card

Sample size

64

49

Sample mean

$140

$125

Population standard deviation

$10

$8


Refer to Exhibit 10-6. A point estimate for the difference between the mean purchases of the users of the two credit cards is


2


18


265


15



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Marked as best answer by Caileynorton on Mar 25, 2023

Marys

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Caileynorton

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Reply 2 on: Mar 25, 2023
:D TYSM


adammoses97

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Reply 3 on: Yesterday
Wow, this really help

 

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