In: Statistics and Probability
A retail chain is considering installing devices that resemble cameras to deter shoplifting. The devices only look like cameras, saving the expense of wiring and recording video. To test the benefit of this decoy system, it picked 40 stores, with half to get the decoy and the other half to serve as comparison group (control group). Stores were matched based on typical levels of sales, local market size, and demographics. The comparison lasted for 3 months during the summer. At the end of the period, the retailer used its inventory system to compute the amounts lost to theft in the stores.
(b) Compute separate 95% confidence intervals for the amount lost to theft with and without the decoy cameras. Is there evidence of a statistically significant difference?
The 95% confidence interval for the expected number of thefts with the decoy cameras is____ to _____.
The 95% confidence interval for the expected number of thefts without the decoy cameras is____to ____.
(Round to two decimal places as needed.)
(c). The 95% t interval for the mean differences in number of thefts is about ____to ____.
Lost to Theft (decoy) Lost to Theft (control)
49,310 84,411
70,076 66,951
43,239 35,741
34,315 58,600
33,189 31,978
29,852 20,725
87,706 97,843
45,783 20,652
27,380 55,888
33,570 42,624
87,648 84,060
41,451 22,644
55,259 103,200
55,523 77,005
46,891 75,263
67,491 87,289
51,398 89,549
73,057 92,136
34,700 37,265
40,101 60,556