17- 19 “Black Friday,” which occurs annually the day after Thanksgiving, is one of the biggestshopping days of the year. During the 2012 holiday season, many stores createdcontroversy by starting their mega-sales on Thanksgiving itself. In a random sample of 25individuals who shopped during the Black Friday four-day weekend (Thursday -Sunday), the average amount spent was $399.40 with standard deviation $171.10. Thedata are displayed in the provided dotplot. 17. Construct and interpret a 95% confidence interval for the average amount spent byindividuals who shopped over the 2012 Black Friday weekend. Use two decimal places inyour margin of error. ________________________________________ ________________________________________ 18. Suppose we know that in a random sample of n = 22 individuals who shopped over BlackFriday weekend in 2011 the average amount spent was $381.30 with standard deviation$119.80. Construct and interpret a 95% confidence interval for the difference in the meanamount spent between the 2012 and 2011 Black Friday weekends. Round the margin oferror to two decimal places. Recall that for the 2012 sample of 25 individuals, theaverage amount spent was $399.40 with standard deviation $171.10. Dotplots of bothsamples are provided. _______________________________________ ________________________________________ 19. Suppose we know that in a random sample of n = 22 individuals who shopped over BlackFriday weekend in 2011 the average amount spent was $381.30 with standard deviation$119.80. Recall that for the 2012 sample of 25 individuals, the average amount spent was$399.40 with standard deviation $171.10. Dotplots of both samples are provided. Test, at the 5% level, if the samples provide evidence that Black Friday shoppers spentmore, on average, in 2012 than they did in 2011. Include all of the details of the test.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
icon
Related questions
Question

17- 19 “Black Friday,” which occurs annually the day after Thanksgiving, is one of the biggestshopping days of the year. During the 2012 holiday season, many stores createdcontroversy by starting their mega-sales on Thanksgiving itself. In a random sample of 25individuals who shopped during the Black Friday four-day weekend (Thursday -Sunday), the average amount spent was $399.40 with standard deviation $171.10. Thedata are displayed in the provided dotplot. 17. Construct and interpret a 95% confidence interval for the average amount spent byindividuals who shopped over the 2012 Black Friday weekend. Use two decimal places inyour margin of error. ________________________________________ ________________________________________ 18. Suppose we know that in a random sample of n = 22 individuals who shopped over BlackFriday weekend in 2011 the average amount spent was $381.30 with standard deviation$119.80. Construct and interpret a 95% confidence interval for the difference in the meanamount spent between the 2012 and 2011 Black Friday weekends. Round the margin oferror to two decimal places. Recall that for the 2012 sample of 25 individuals, theaverage amount spent was $399.40 with standard deviation $171.10. Dotplots of bothsamples are provided. _______________________________________ ________________________________________ 19. Suppose we know that in a random sample of n = 22 individuals who shopped over BlackFriday weekend in 2011 the average amount spent was $381.30 with standard deviation$119.80. Recall that for the 2012 sample of 25 individuals, the average amount spent was$399.40 with standard deviation $171.10. Dotplots of both samples are provided. Test, at the 5% level, if the samples provide evidence that Black Friday shoppers spentmore, on average, in 2012 than they did in 2011. Include all of the details of the test.

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 9 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning