A newsagent wants to estimate the total retail value of the 963 birthday cards it has in its inventory. Construct a 95% confidence interval estimate of the total value of all birthday cards that are in inventory if a random sample of 120 birthday cards indicates a mean value of $3.43 and a standard deviation of $0.38. Remember to use the FPC. Click here to view page 1 of the table. Click here to view page 2 of the table. $spopulation total s$ (Round to the nearest cent as needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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A newsagent wants to estimate the total retail value of the 963 birthday cards it has in its inventory. Construct a 95% confidence interval estimate of the total value of all birthday cards that are in inventory if a random sample of 120 birthday cards
indicates a mean value of $3.43 and a standard deviation of $0.38. Remember to use the FPC.
Click here to view page 1 of the table. Click here to view page 2 of the table.
2$
< population total <$
(Round to the nearest cent as needed.)
Transcribed Image Text:A newsagent wants to estimate the total retail value of the 963 birthday cards it has in its inventory. Construct a 95% confidence interval estimate of the total value of all birthday cards that are in inventory if a random sample of 120 birthday cards indicates a mean value of $3.43 and a standard deviation of $0.38. Remember to use the FPC. Click here to view page 1 of the table. Click here to view page 2 of the table. 2$ < population total <$ (Round to the nearest cent as needed.)
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