Statistics for Business & Economics, Revised (MindTap Course List)
Statistics for Business & Economics, Revised (MindTap Course List)
12th Edition
ISBN: 9781285846323
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Chapter 22.5, Problem 11E

A drug store chain has stores in four cities: 38 stores in Indianapolis. 45 in Louisville, 80 in St. Louis, and 70 in Memphis. Pharmacy sales in the four cities vary considerably because of the competition. The following sales data (in thousands of dollars) are available from a sample survey. Each of the cities was considered a separate stratum, and a stratified simple random sample was taken.

Indianapolis Louisville St. Louts Memphis
50.3 48.7 16.7 14.7
41.2 59.8 38.4 88.3
15.7 28.9 51.6 94.2
22.5 36.5 42.7 76.8
26.7 89.8 45.0 35.1
20.8 96.0 59.7 48.2
77.2 80.0 57.9
81.3 27.6 18.8
22.0
74.3
  1. a. Estimate the mean pharmacy sales for each city (stratum).
  2. b. Develop an approximate 95% confidence interval for the mean pharmacy sales in each city.
  3. c. Estimate the proportion of stores with sales of $50,000 or more.
  4. d. Develop an approximate 95% confidence interval for the proportion of stores with sales of $50,000 or more.
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