Essay
Use the following
"Black Friday,"
which occurs annually the day after Thanksgiving, is one of the biggest shopping days of the year. During the 2012 holiday season, many stores created controversy by starting their mega-sales on Thanksgiving itself. In a random sample of 25 individuals who shopped during the Black Friday four-day weekend (Thursday - Sunday), the average amount spent was $399.40 with standard deviation $171.10. The data are displayed in the provided dotplot.
-Suppose we know that in a random sample of n = 22 individuals who shopped over Black Friday weekend in 2011 the average amount spent was $381.30 with standard deviation $119.80. Construct a 95% confidence interval for the difference in the mean amount spent between the 2012 and 2011 Black Friday weekends. Round the margin of error to two decimal places.
Recall that for the 2012 sample of 25 individuals, the average amount spent was $399.40 with standard deviation $171.10. Dotplots of both samples are provided.
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