To calculate a CI for the difference between two population means with known standard deviations, do the following: 1  Determine the confidence level and find the appropriate z*-value. Refer to the above table. 2  Identify. 3  Find the difference, between the sample means. 4  Square. and divide it by n1; square. and divide it by n2.
Investigators are checking this phone line throughout the weekend.â. Violations of the price-gouging law are punishable by civil penalties of up to $10,000 for the first offense and $20,000 for the second and subsequent offenses. Each individual sale of merchandise is considered a separate and distinct event.
Price gouging. Price gouging Definition. The term price gouging refers to the phenomenon of sharply rising prices of items in (often temporary) high demand. It is semantically loaded with negative connotations against the merchants involved. However, according to Thomas Sowell's book, Basic Economics, high prices can instead be viewed as information for use in determining the best allocation of scarce resources for which there are multiple uses.