Many companies allow managers to accumulate extra working hours above 40 hrs/week (called comp time). Suppose a VP wants to estimate the avg amount of comp time accumulated per week for all managers in her company. The VP selects a random sample of 18 managers. If the sample reveals an average comp time of 13.56 hrs/week, with a standard deviation of 7.8 hrs, construct a 90% confidence interval to estimate the avg amount of comp time accumulated per week in the company.
Many companies allow managers to accumulate extra working hours above 40 hrs/week (called comp time). Suppose a VP wants to estimate the avg amount of comp time accumulated per week for all managers in her company. The VP selects a random sample of 18 managers. If the sample reveals an average comp time of 13.56 hrs/week, with a standard deviation of 7.8 hrs, construct a 90% confidence interval to estimate the avg amount of comp time accumulated per week in the company.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Many companies allow managers to accumulate extra working hours above 40 hrs/week (called comp time). Suppose a VP wants to estimate the avg amount of comp time accumulated per week for all managers in her company. The VP selects a random sample of 18 managers. If the sample reveals an average comp time of 13.56 hrs/week, with a standard deviation of 7.8 hrs, construct a 90% confidence
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