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The Management of a Department Store Is Interested in Estimating

Question 49

Multiple Choice

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 Card  Major Credit Card  Sample size 6449 Sample mean $140$125 Population standard deviation $10$8\begin{array} { l l l } & \text { Store's Card } & \text { Major Credit Card } \\\text { Sample size } & 64 & 49 \\\text { Sample mean } & \$ 140 & \$ 125 \\\text { Population standard deviation } & \$ 10 & \$ 8\end{array} At 95% confidence, the margin of error is


A) 1.694.
B) 3.32.
C) 1.96.
D) 15.

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