Descriptives Type of Customer Statistic Std. Error Net Sales Promotio Mean 84.2900 7.34615 95% Confidence Interval Lower Bound 69.6348 for Mean Upper Bound 98.9452 5% Trimmed Mean 78.1454 Median...


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Estimate the net sale in future promotions, 95% confidence intervals for the population means were constructed. See output below.
Explain and compare the confidence interval for net sales for Promotional and Regular customers. Make sure to clearly describe the confidence intervals in the context of the problem.


Descriptives<br>Type of Customer<br>Statistic<br>Std. Error<br>Net Sales<br>Promotio Mean<br>84.2900<br>7.34615<br>95% Confidence Interval<br>Lower Bound<br>69.6348<br>for Mean<br>Upper Bound<br>98.9452<br>5% Trimmed Mean<br>78.1454<br>Median<br>63.4200<br>Variance<br>3777.614<br>Std. Deviation<br>61.46230<br>Minimum<br>13.23<br>Maximum<br>287.59<br>Range<br>274.36<br>Interquartile Range<br>65.88<br>Skewness<br>1.520<br>.287<br>Kurtosis<br>2.136<br>.566<br>Regular<br>Mean<br>61.9917<br>6.40250<br>95% Confidence Interval<br>Lower Bound<br>48.8971<br>for Mean<br>Upper Bound<br>75.0863<br>5% Trimmed Mean<br>59.0463<br>Median<br>51.0000<br>Variance<br>1229.761<br>Std. Deviation<br>35.06794<br>Minimum<br>22.50<br>Maximum<br>159.75<br>Range<br>137.25<br>Interquartile Range<br>34.88<br>Skewness<br>1.351<br>.427<br>Kurtosis<br>1.402<br>.833<br>

Extracted text: Descriptives Type of Customer Statistic Std. Error Net Sales Promotio Mean 84.2900 7.34615 95% Confidence Interval Lower Bound 69.6348 for Mean Upper Bound 98.9452 5% Trimmed Mean 78.1454 Median 63.4200 Variance 3777.614 Std. Deviation 61.46230 Minimum 13.23 Maximum 287.59 Range 274.36 Interquartile Range 65.88 Skewness 1.520 .287 Kurtosis 2.136 .566 Regular Mean 61.9917 6.40250 95% Confidence Interval Lower Bound 48.8971 for Mean Upper Bound 75.0863 5% Trimmed Mean 59.0463 Median 51.0000 Variance 1229.761 Std. Deviation 35.06794 Minimum 22.50 Maximum 159.75 Range 137.25 Interquartile Range 34.88 Skewness 1.351 .427 Kurtosis 1.402 .833
Graph for Regular Customers<br>250<br>200<br>150<br>100<br>50<br>1 2 3 45 6 7 89 1011 12 13 14 15 16 17 18 19 2021 22 23 24 25 26 27 28 29 30<br>Net Sales<br>Age<br>Promotional Customers<br>400<br>350<br>300<br>250<br>200<br>150<br>100<br>50<br>1 35 7 9 111315171921232527293133353739414345474951535557596163656769<br>Net Sales<br>Age<br>

Extracted text: Graph for Regular Customers 250 200 150 100 50 1 2 3 45 6 7 89 1011 12 13 14 15 16 17 18 19 2021 22 23 24 25 26 27 28 29 30 Net Sales Age Promotional Customers 400 350 300 250 200 150 100 50 1 35 7 9 111315171921232527293133353739414345474951535557596163656769 Net Sales Age

Jun 02, 2022
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