meritrade is an online stock-trading service. To estimate the average number of trades made last month by the clients, you take a simple random of 250 clients and find the average number of trades in the sample is 45.8, with a sample standard deviation of 12.3. Show the appropriate 95% confidence interval for the population of TD's clients. Report the upper bound for your interval.

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Ameritrade is an online stock-trading service. To estimate the average number of trades made last month by the clients, you take a simple random of 250 clients and find the average number of trades in the sample is 45.8, with a sample standard deviation of 12.3.

Show the appropriate 95% confidence interval for the population of TD's clients. Report the upper bound for your interval.

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Step 1

given data,n=250x¯=45.8s=12.3CI=0.95α=1-0.95=0.05we have to find out the upper bound for the confidence interval

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