Mathematics, 12.08.2020 04:01 krocker58
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
A point estimate for the difference between the means is:
a. 18
b. 265
c. 15
d. 2
Answers: 2
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