Use the Following Information to Answer the Question

question 13

Short Answer

Use the following information to answer the question. Suppose the manager of a large appliance and electronics store wants to estimate the amount spent by customers during the holiday season. He took a random sample of customers and recorded the amount they spent. A histogram of the data shows that the data is strongly left- skewed. The figures below show the confidence intervals for the mean amount spent using (A)raw (untransformed)data, and (B)log- transformed data, which showed a more normally distributed data set.

-Which interval should the manager report to the store owner about the typical amount of money spent during the holiday season? Explain.

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Definitions:

Radical Tactics

Extreme or unconventional strategies utilized to bring about significant change, often employed in political or social movements.

IWW

The Industrial Workers of the World, a union aiming at uniting all workers to work as a cohesive group for labor rights.

Employers

Individuals or entities that hire and pay people to work for them, typically within the context of a business or organization.

Syndicalism

A political and economic theory promoting the direct action of workers and the management of industry through trade unions.