The electric company is considering an incentive plan to encourage its customers to pay their bills promptly. The plan is to discount the bills 1% if the customer pays within 5 days as opposed to the usual 25 days. As an experiment, 50 customers are offered the discount on their September bill.
The amount of time each takes to pay his or her bill is recorded. The amount of time a random sample of 50 customers not offered the discount take to pay their bills is also recorded. Do these data allow us to infer that the discount plan works?

  • CreatedFebruary 03, 2015
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