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Introducing Data Samples Practice Test
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Q1
A grocery store chain wants to estimate the mean amount customers spend per visit at one location. Two independent random samples of 60 receipts were taken from the same month’s transactions at that location. Sample 1 had a mean of $38.50; Sample 2 had a mean of $41.20. The receipts were selected using the same random process. Why might the sample results differ?
A grocery store chain wants to estimate the mean amount customers spend per visit at one location. Two independent random samples of 60 receipts were taken from the same month’s transactions at that location. Sample 1 had a mean of $38.50; Sample 2 had a mean of $41.20. The receipts were selected using the same random process. Why might the sample results differ?