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You are a manager for a team of employees that uses a computer system as part of the process for completing a sale for a customer. You are investigating if it is worthwhile to make the switch to a new platform to increase monthly sales. You have 17 of your sales representatives use the new system, and 15 of your sales representatives use the old system. The sales representatives who received the new system had a mean monthly individual sales of $30,497, with a sample standard deviation of $3,846. The sales representatives who did not receive the new system had mean monthly individual sales of $28,647, with a sample standard deviation of $2,614. Using this information, you want create a 99% confidence for Hnew system - Hold system. What is the lower limit of your confidence interval? NOTE: 1- The degree of freedom to use in your analysis is 28. 2- Only round your final answer. Round it to the nearest whole number.

You are a manager for a team of employees that uses a computer system as part of the process for completing a sale for a customer. You are investigating if it is worthwhile to make the switch to a new platform to increase monthly sales. You have 17 of your sales representatives use the new system, and 15 of your sales representatives use the old system. The sales representatives who received the new system had a mean monthly individual sales of $30,497, with a sample standard deviation of $3,846. The sales representatives who did not receive the new system had mean monthly individual sales of $28,647, with a sample standard deviation of $2,614. Using this information, you want create a 99% confidence for Hnew system - Hold system. What is the lower limit of your confidence interval? NOTE: 1- The degree of freedom to use in your analysis is 28. 2- Only round your final answer. Round it to the nearest whole number.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Transcribed Image Text:O 5032 O-5032 O-1927 O-1332 1216
You are a manager for a team of employees that uses a computer system as part of the process for completing a sale for a customer. You are investigating if it is worthwhile to make the switch to a new platform to increase monthly sales. You have 17 of your sales representatives use the new system, and 15 of your sales representatives use the old system. The sales representatives who received the new system had a mean monthly individual sales of $30,497, with a sample standard deviation of $3,846. The sales representatives who did not receive the new system had mean monthly individual sales of $28,647, with a sample standard deviation of $2,614. Using this information, you want create a 99% confidence for new system Hold system. What is the lower limit of your confidence interval? NOTE: 1- The degree of freedom to use in your analysis is 28. 2- Only round your final answer. Round it to the nearest whole number.
Transcribed Image Text:You are a manager for a team of employees that uses a computer system as part of the process for completing a sale for a customer. You are investigating if it is worthwhile to make the switch to a new platform to increase monthly sales. You have 17 of your sales representatives use the new system, and 15 of your sales representatives use the old system. The sales representatives who received the new system had a mean monthly individual sales of $30,497, with a sample standard deviation of $3,846. The sales representatives who did not receive the new system had mean monthly individual sales of $28,647, with a sample standard deviation of $2,614. Using this information, you want create a 99% confidence for new system Hold system. What is the lower limit of your confidence interval? NOTE: 1- The degree of freedom to use in your analysis is 28. 2- Only round your final answer. Round it to the nearest whole number.
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