Question

Exhibit 10-6
The management of a department store is interested in estimating the difference between the mean credit purchases of customers using the store's credit card versus those customers using a national major credit card. You are given the following information.

Store's CardMajor Credit Card
Sample size6449
Sample mean$140$125
Population standard deviation$10$8
Refer to Exhibit 10-6. A point estimate for the difference between the mean purchases of the users of the two credit cards is
a. 2
b. 18
c. 265
d. 15

Answer

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