FinA survey conducted by a shopping mall group showed that in a metrocity spends an average of K500 on clothes every month. Supoose a sample of 81 such families resulted in a sample mean of k540 per month and a standard deviation of k150. Develop a 95% confidence interval estimator of the mean spent per month
FinA survey conducted by a shopping mall group showed that in a metrocity spends an average of K500 on clothes every month. Supoose a sample of 81 such families resulted in a sample mean of k540 per month and a standard deviation of k150. Develop a 95% confidence interval estimator of the mean spent per month
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
Question
FinA survey conducted by a shopping mall group showed that in a metrocity spends an average of K500 on clothes every month. Supoose a sample of 81 such families resulted in a sample mean of k540 per month and a standard deviation of k150. Develop a 95% confidence
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