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Mathematics, 22.07.2021 20:00 alextoro
K. Brew sells a wide variety of outdoor equipment and clothing. The company sells both through mail order and via the internet. Random samples of sales receipts were studied for mail-order sales and internet sales, with the total purchase being recorded for each sale. A random sample of 18 sales receipts for mail-order sales results in a mean sale amount of $81.90 with a standard deviation of $22.25. A random sample of 8 sales receipts for internet sales results in a mean sale amount of $88.30 with a standard deviation of $23.25. Using this data, find the 90% confidence interval for the true mean difference between the mean amount of mail-order purchases and the mean amount of internet purchases. Assume that the population variances are not equal and that the two populations are normally distributed. Construct the 98% confidence interval.
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K. Brew sells a wide variety of outdoor equipment and clothing. The company sells both through mail...
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