7 The day after Thanksgiving called Black Friday is one of the largest shopping days...
90.2K
Verified Solution
Link Copied!
Question
Statistics
7 The day after Thanksgiving called Black Friday is one of the largest shopping days in the United States Winthrop University researchers conducted interviews with a sample of 38 women shopping on Black Friday to gauge their shopping habits and re ported the results in the International Journal of Retail and Distribution Management Vol 39 2011 One question was How many hours do you usually spend shopping on Black Friday Summary statistics about data from the 38 shoppers are listed in the table below Options Summary statistics Column n Mean Variance Std dev Std err Median Range Min Max Q1 Q3 HOURS 38 6 0789474 7 5881935 2 7546676 0 44686609 5 13 3 16 4 7 20 a Describe the population of interest to the researchers b What is the quantitative variable of interest to the researchers c Use the information in the table to estimate the population mean number of hours spent shopping on Black Friday with a 96 confidence interval
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!