Refer to the previous exercise. a. Explain how the result of the 95% confidence interval shown in

Question:

Refer to the previous exercise.
a. Explain how the result of the 95% confidence interval shown in the table agrees with the test decision using the 0.05 significance level.
b. Suppose you instead wanted to perform a one-sided test, because the study predicted that the increase in sales would be higher with coupons. Explain why the normal population assumption may possibly be problematic.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: