Comparison shopping is available on the Internet, and this is useful because exactly the same item is
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Comparison shopping is available on the Internet, and this is useful because exactly the same item is available at a variety of prices. Table 9.6.1 shows results from MySimon for prices of the Eureka 4750A Bagged Upright Vacuum at 15 stores. Find the 95% confidence interval for the average price in the population that these particular stores represent.
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TABLE 9.6.1 Prices of the Eureka 4750A Bagged Upright Vacuum Cleaner Store Price ($) AJ Madison 56.05 Amazon Marketplace 69.43 Beach Camera 54.95 Compuplus.com 57.99 CPO Eureka 59.99 Discount Office Items 54.90 eBay 59.99 eVacuumStore 54.99 Gettington 69.95 GoVacuum 59.99 Home Depot 79.99 OneCall 59.99 PlumberSurplus.com 56.11 QVC 69.84 TheWiz.com 65.57 Source: MySimon, accessed at http://www.mysimon.com/prices/eureka- 4750a-bagged-upright-vacuum on July 13, 2010.
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