MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The average expenditure on Valentine's Day was expected to be $100.89. The average expenditure in a sample survey of 40 male consumers was $138.29 and the average expenditure in a sample survey of 30 female consumers was $61.66. Based on past surveys, the standard deviation for male consumers is assumed to be $32, and the standard deviation for female consumers is assumed to be $14. The z value is 2.576.
At 99% confidence, what is the margin of effort?
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