What is the following sentence written as an expression add the product of 3 and 6 to 4
1 answer:
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(5.75,0)
Let A be (x1,y1) , B be (x2,y2) , P be (x,y) and the ratio be m:n
Formula is,
x=(x2*m+x1*n)/(m+n)
y=(y2*m+y1*n)/(m+n)
Answer:
99% confidence interval for the true mean difference between the mean amount of mail-order purchases and the mean amount of internet purchases is [$(-31.82) , $12.02].
Step-by-step explanation:
We are given that a random sample of 16 sales receipts for mail-order sales results in a mean sale amount of $74.50 with a standard deviation of $17.25.
A random sample of 9 sales receipts for internet sales results in a mean sale amount of $84.40 with a standard deviation of $21.25.
The pivotal quantity that will be used for constructing 99% confidence interval for true mean difference is given by;
P.Q. = ~
where, = sample mean for mail-order sales = $74.50
= sample mean for internet sales = $84.40
= sample standard deviation for mail-order purchases = $17.25
= sample standard deviation for internet purchases = $21.25
= sample of sales receipts for mail-order purchases = 16
= sample of sales receipts for internet purchases = 9
Also, =
= 18.74
The true mean difference between the mean amount of mail-order purchases and the mean amount of internet purchases is represented by ().
Now, 99% confidence interval for () is given by;
=
Here, the critical value of t at 0.5% level of significance and 23 degrees of freedom is given as 2.807.
=
= [$-31.82 , $12.02]
Hence, 99% confidence interval for the true mean difference between the mean amount of mail-order purchases and the mean amount of internet purchases is [$(-31.82) , $12.02].