A market research firm supplies manufacturers with estimates of the retail sales of their products from samples of retail stores. Marketing managers are prone to look at the estimate and ignore sampling error. An SRS of 28
stores this year shows mean sales of 64 units of a small appliance, with a standard deviation of 13.8 units. During the same point in time last year, an SRS of 28 stores had mean sales of 48.958 units, with standard deviation 15.4 units. An increase from 48.958 to 64 is a rise of about 24%.


1. Construct a 99% confidence interval estimate of the difference μ1−μ2

μ1−μ2, where μ1 is the mean of this year's sales and μ2 is the mean of last year's sales.


(b) The margin of error is



2. At a 0.01 significance level, is there sufficient evidence to show that sales this year are different from last year?

Answers

Answer 1

Answer:

Confidence interval = (4.61972, 25.46428)

Margin of Error = 3.9078675

Step-by-step explanation:

Given that :

This year:

Mean (μ1) = 64

Standard deviation (s1) = 13.8

Sample size (n1) = 28

Last year:

Mean (μ2) = 48.958

Standard deviation (s2) = 15.4

Sample size (n2) = 28

99% confidence interval estimate of the difference μ1−μ2

α = 1 - 99% = 0.01

(μ1−μ2) ± t0.01,27 * (√s1²/n1 + s2²/n2)

t0.01, 27 = 2.770683 (t value calculator)

√s1²/n1 + s2²/n2 = √13.8^2/28 + 15.4^2/28 = 3.9078675

(64 - 48.958) ± 2.667(3.9078675)

15.042 ± 10.42228

(15.042 - 10.42228), (15.042 + 10.42228)

(4.61972, 25.46428)

The margin of error :

√(s1²/n1) + (s2²/n2)

√(13.8^2/28) + (15.4^2/28)

√(6.8014285 + 8.47)

√15.2714285

= 3.9078675


Related Questions

You move up 3 units and left 3 units. You end at (-2, 0). Where did you start? Plz help

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Answer:

-1, 3

Step-by-step explanation:

3 units up and 3 units to the left should work on 1,-3

(1,-3). If your new point is at (-2,0) you would move down 3 and right 3 to find the original point.

Necesito ayuda con una Integral por sustitución trigonométrica, Por favor!

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Answer:

1/4xdarctan(2/7x)+C


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Answer:

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Step-by-step explanation:

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The answer is 67 says google

what is 25 divided by 7 expressed as a mixed number

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The answer to this problem is 3 4/7. :)

The stem-and-leaf plot shows the ages of people at a family reunion.

Stem Leaf
0 1 3 3 5 6 8 9
1 1 2 3 5 9
2 0 1 2 9
3 0 0 1 2 5
4 4 5 8
5 0 1 6 7
6 1 3 5 5 7
7 0 2 5
Key: 3 | 5 = 35 years old

How many people at the family reunion are not adults (under the age of 18)?

There are
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Question 2
How many people at the family reunion are over the age of 65?

There are
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Answers

Answer:

1) 11

2) 4

Step-by-step explanation:

1) It is 11 because in the first row we ignore the 0 since it is referring to the first digit, so the first row has 7. In the second row, we ignore the one so it would be 4 because the 9, or would be 19, is above 18.

2) It is 4 because there is one person over 65. In the second row we ignore the 7 and there are 3 people in the 7 row.

Can someone help me with this?

Answers

Plug in 5 for x
4(5) = 4 * 5 = 20

Answer:

20

Step-by-step explanation:

4x. x=5

4*5 20

Hope this helps hit the crown :D

n= 101
p= 0.24
p(0.20 < p <0.30) =

Answers

Answer:

N = 101

p = 0.24

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Step-by-step explanation:

28 students travel on a field trip. They bring a van that can seat 12 students

Answers

Answer:

16 students will not be riding in that van today

Answer:16 students would be left behind or they would have to get another bus with 4 students in one bus

bus 1 =12 kids bus2=12 kids bus 3=4 kids

Step-by-step explanation:

What additional information could be used to prove that triangle XYZ is congruent to triangle Fe.g. using asa or aas check all that apply

Answers

i hope this was able to help!!

answer: Answer: ∠Z ≅ ∠G and XZ ≅ FG or ∠Z ≅ ∠G and XY ≅ FE are the additional information could be used to prove that ΔXYZ ≅ ΔFEG using ASA or AAS. we need only one angle and side.

Answer:

its the first one and the last one ..that's the answer.

A wire of length $100 cm is bent into a rectangle. If the length of the rectangle is $10 cm more than its breadth, find the area of the rectangle.

Answers

Answer:

the answer is equal to $1000cm

Help someone that knows

Answers

For the question I think it would probally be A :)

600:450 and 4:3 why is it equivalant

Answers

Answer:

600 ÷ 4 = 150

450 ÷ 3 = 150

The same thing either way.

They are considered proportional ratios

Because 600:450 is the same as 4:3 because divide 600 by 150=4
And 450 divide by 150=3 which makes them equivalent


3) The measure of the angle which is equal to its supplement is

Answers

Answer:

Step-by-step explanation:

90 degrees

x + y = 180

x = y

x + x = 180

2x = 180

x = 180/2

x = 90

Both the angle and its supplement = 90

How would I do this?

-8 -x = x -4x

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Answer:

71

Step-by-step explanation:

yw72wo9838388382828228

I need help ASP Jason bought a video game for $60.00. He sold it for $72.00. What was the percent of the markup?

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I believe he made a 17% profit

you have a bill of $56.40.find a 20% tip?​

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Answer:

11.28

Step-by-step explanation:

Answer:

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Step-by-step explanation:

Which expression is equivalent to 6 (a minus 3)?

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Answer:

6a-18

Step-by-step explanation:

Please help and explain.

Answers

Answer:

Domain: All real numbers greater than or equal to 1.

Step-by-step explanation:

Answer 1: -14 is not in the domain

Answer 2: 4 is included in the domain

why is it important to know whether a number is positive or negative

Answers

its good to know if a number is positive or negative because something as simple as forgetting the signs such as - + could drastically change your answer

If the ordered pair (a, b) satisfies the inequality. y > x-4, three of these statements are
true. Which statement is NOT true?

Answers

Answer:

If you subtract 4 from a, it will be greater than b

Step-by-step explanation:

Ok, so in order to solve this, it would be easier to substitute (a,b) into the equation:

b>a-4

Ok, next, you just have to work out each individual question to see which one is incorrect. You can immediately know it is the first one, and this is because we know that B is larger in this equation, but the problem says that subtracting 4 from a would be greater than b. This is incorrect, b is greater than 4-a, so the top left would be your answer.

Hope this helps!  

Will give brainliest if u help!!! Thank you!

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so the slop intercept equation is y= mx+b, so you take the 1/2x and plot it on the X axis. then since the slop is 1, you go over one, up one. and then that is how you graph the equation.

Jill purchased 50 game points
at the arcade for $20. If he
wanted to buy 250 game
points, how much would he
spend?

Answers

Answer:

He would spend 100 dollars :)!

100 dollars he would spend for 250 game points

Write an equation in Slope-Intercept Form for a line that passes through (2, 2) and (0, 3).

Answers

iduusuufbjsdyzjvuehjddhjdik

reflection across y= -x

Answers

Answer:

option A) is correct.

Step-by-step explanation:

As we know that when we reflect across the line [tex]y=-x[/tex], the x-coordinate and y-coordinate would change places and be negated.

So the formula about the reflection across [tex]y=-x[/tex] will be:

(x, y) ⇒ (-y, -x)

From the graph, the vertices of the triangle are:

Vertex U = (-5, -2)Vertex T = (-3, -3)Vertex V = (-5, -5)

As the rule of reflection across [tex]y=-x[/tex] will produce the image with the vertices T', U' and V' which are as follows:

(x, y) ⇒ (-y, -x)

U(-5, -2) ⇒ (-y, -x) = U' (2, 5) T(-3, -3) ⇒ (-y, -x) = T' (3, 3) V(-5, -5) ⇒ (-y, -x) = V' (5, 5)

So, the vertices of U', T' and V' will be:

U' (2, 5) T' (3, 3) V' (5, 5)

Therefore, option A) is correct.

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Answers

Answer:

1.L=4;W=3;P=14

2.L=6;W=2;P=16

3.L=12;W=1;P=26

Step-by-step explanation:

because i know

The heights of women in the USA are normally distributed with a mean of 64 inches and a standard deviation of 3 inches.

Required:
a. A random sample of six women is selected. What is the probability that the sample mean is greater than 63 inches?
b. What is the probability that a randomly selected woman is taller than 66 inches?
c. What is the probability that the mean height of a random sample of 100 women is greater than 66 inches?

Answers

Answer:

(a) 0.2061

(b) 0.2514

(c) 0

Step-by-step explanation:

Let X denote the heights of women in the USA.

It is provided that X follows a normal distribution with a mean of 64 inches and a standard deviation of 3 inches.

(a)

Compute the probability that the sample mean is greater than 63 inches as follows:

[tex]P(\bar X>63)=P(\frac{\bar X-\mu}{\sigma/\sqrt{n}}>\frac{63-64}{3/\sqrt{6}})\\\\=P(Z>-0.82)\\\\=P(Z<0.82)\\\\=0.20611\\\\\approx 0.2061[/tex]

Thus, the probability that the sample mean is greater than 63 inches is 0.2061.

(b)

Compute the probability that a randomly selected woman is taller than 66 inches as follows:

[tex]P(X>66)=P(\frac{X-\mu}{\sigma}>\frac{66-64}{3})\\\\=P(Z>0.67)\\\\=1-P(Z<0.67)\\\\=1-0.74857\\\\=0.25143\\\\\approx 0.2514[/tex]

Thus, the probability that a randomly selected woman is taller than 66 inches is 0.2514.

(c)

Compute the probability that the mean height of a random sample of 100 women is greater than 66 inches as follows:

[tex]P(\bar X>66)=P(\frac{\bar X-\mu}{\sigma/\sqrt{n}}>\frac{66-64}{3/\sqrt{100}})\\\\=P(Z>6.67)\\\\\ =0[/tex]

Thus, the probability that the mean height of a random sample of 100 women is greater than 66 inches is 0.

GUYS, I GOTM 1MILLIO0N DOLARS IN THE STOCK MAARKAT HOW MUCH IS 1 MILLION DOLLARS IN NE GOTIABLE US CUERENCY CONVERTED TO RUSSIAN RUBELS????/// PLS ILL GIV BRANLEST!11

Answers

Hi! I believe your answer is 77,435,300.00 Russian Rubles, which is equivalent to 1,000,000 U.S. dollars. I hope this helps you! Good luck and have a great day. ❤️✨

Answer:

76,922,200.00 RUB

Step-by-step explanation:

wow how in the heck did you do that 0-o your rich dude pls explain how u did it T-T

Plz I REALLY NEED HELP
A drawing on a transparency is 6.5 inches wide and 3 inches long. The width of the image of the drawing projected onto a screen is 13 feet. How long, in feet, is the drawing on the screen?

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6inches long on the screen

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It is 180 - 65

Which is 115 which would be your answer
I believe 115 is also the answer
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