TABLE 13-10 the Management of a Chain Electronic Store Would Like to Like

question 148

Essay

TABLE 13-10
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars) for individual stores based on the number of customers who made purchases. A random sample of 12 stores yields the following results:

-Referring to Table 13-10, construct a 95% confidence interval for the change in mean weekly sales when the number of customers who make purchases increases by one.

---

Definitions:

Payroll Register

A payroll register is a comprehensive document that contains detailed information about the payroll of a company's employees, including wages, withholdings, and net pay.

Warranty

A guarantee provided by a seller to a buyer that a product will meet certain specifications or that defective products will be repaired or replaced.

Contingent Liability

A future financial liability that could arise based on the result of a certain event.

Payroll Register

A detailed document recording the payroll information of all the employees in a company, including wages, deductions, and net pay for each pay period.