Find the critical value that should be used

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Reference no: EM132581330

K.Brew sells a wide variety of outdoor equipment and clothing. The company sells both through mail order and via the internet. Random samples of sales receipts were studied for mail-order sales and internet sales, with the total purchase being recorded for each sale. A random sample of 17 sales receipts for mail-order sales results in a mean sale amount of $77.70 with a standard deviation of $23.25. A random sample of 13 sales receipts for internet sales results in a mean sale amount of $85.20 with a standard deviation of $24.25. Using this data, find the 98% confidence interval for the true mean difference between the mean amount of mail-order purchases and the mean amount of internet purchases. Assume that the population variances are not equal and that the two populations are normally distributed.

Step 1 of 3: Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.

Step 2 of 3: Find the standard error of the sampling distribution to be used in constructing the confidence interval. Round your answer to two decimal places.

Step 3 of 3: Construct the 98% confidence interval. Round your answers to two decimal places.

Reference no: EM132581330

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