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Suppose that a junior partner in a law firm in the Philippines earn an average of 150,000 pesos per month with a standard deviation of 5,000 pesos. To verify this information, a random sample of 36 junior partners were selected from a particular database. Within what limits would you expect the sample average to lie, with probability of 95% ? Round off your answer in the nearest digit. Do not include the units. Answer: Between Blank 1 to Blank 2 Blank 1 Add your answer

Suppose that a junior partner in a law firm in the Philippines earn an average of 150,000 pesos per month with a standard deviation of 5,000 pesos. To verify this information, a random sample of 36 junior partners were selected from a particular database. Within what limits would you expect the sample average to lie, with probability of 95% ? Round off your answer in the nearest digit. Do not include the units. Answer: Between Blank 1 to Blank 2 Blank 1 Add your answer

MATLAB: An Introduction with Applications
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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Suppose that a junior partner in a law firm in the Philippines earn an average of 150,000 pesos per month with a standard deviation of 5,000 pesos. To verify this information, a random sample of 36 junior partners were selected from a particular database. Within what limits would you expect the sample average to lie, with probability of 95% ? Round off your answer in the nearest digit. Do not include the units. Answer: Between Blank 1 to Blank 2 Blank 1 Blank 2 Add your answer Add your answer
Transcribed Image Text:Suppose that a junior partner in a law firm in the Philippines earn an average of 150,000 pesos per month with a standard deviation of 5,000 pesos. To verify this information, a random sample of 36 junior partners were selected from a particular database. Within what limits would you expect the sample average to lie, with probability of 95% ? Round off your answer in the nearest digit. Do not include the units. Answer: Between Blank 1 to Blank 2 Blank 1 Blank 2 Add your answer Add your answer
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