Almost all employees working for financial companies in New York City receive large bonuses at the end of the year. A sample of 63 employees selected from financial companies in New York City showed that they received an average bonus of $52,000 last year with a standard deviation of $23,000. Construct a 95% confidence interval for the average bonus that all employees working for financial companies in New York City received last year. Round your answers to cents.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Almost all employees working for financial companies in New York City receive large bonuses at the end of the year. A sample of 63
employees selected from financial companies in New York City showed that they received an average bonus of $52,000 last year
with a standard deviation of $23,000. Construct a 95% confidence interval for the average bonus that all employees working for
financial companies in New York City received last year.
Round your answers to cents.
Transcribed Image Text:Almost all employees working for financial companies in New York City receive large bonuses at the end of the year. A sample of 63 employees selected from financial companies in New York City showed that they received an average bonus of $52,000 last year with a standard deviation of $23,000. Construct a 95% confidence interval for the average bonus that all employees working for financial companies in New York City received last year. Round your answers to cents.
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