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Consider the data below. 10, 15, 15, 16, 16, 16, 17, 95 The mean decreases by when the outlier is removed.
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Recall that the owner of a local health food store recently started a new ad campaign to attract more business and wants to know if average daily sales have increased. historically average daily sales were approximately $2,700. the upper bound of the 95% range of likely sample means for this one-sided test is approximately $2,843.44. if the owner took a random sample of forty-five days and found that daily average sales were now $2,984, what can she conclude at the 95% confidence level?
Answers: 1
Consider the data below. 10, 15, 15, 16, 16, 16, 17, 95 The mean decreases by when the outlier is re...
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