Solved

We Are Interested in Comparing the Average Supermarket Prices of Two

Question 49

Multiple Choice

We are interested in comparing the average supermarket prices of two leading colas. Our sample was taken by randomly selecting eight supermarkets and recording the price of a six-pack of each
Brand of cola at each supermarket. The data are shown in the following table:  We are interested in comparing the average supermarket prices of two leading colas. Our sample was taken by randomly selecting eight supermarkets and recording the price of a six-pack of each Brand of cola at each supermarket. The data are shown in the following table:    Find a  98 \%  confidence interval for the difference in mean price of brand 1 and brand 2 . A)   0.0375 \pm 0.0471  B)   0.0375 \pm 0.0347  C)   0.0375 \pm 0.1393  D)   0.0375 \pm 0.0404

Find a 98%98 \% confidence interval for the difference in mean price of brand 1 and brand 2 .


A) 0.0375±0.04710.0375 \pm 0.0471
B) 0.0375±0.03470.0375 \pm 0.0347
C) 0.0375±0.13930.0375 \pm 0.1393
D) 0.0375±0.04040.0375 \pm 0.0404

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents