The monthly incomes from a random sample of 20 workers in a factory is given below in dollars. Assume the population has a normal distribution and has standard deviation $518. Compute a 98% confidence interval for the mean of the population. Round your answers to the nearest dollar and use ascending order. Monthly Income   11621 12367 12030 12135 12561 11453 12313 11561 12424   HelpCopy to ClipboardDownload CSV

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question

The monthly incomes from a random sample of 20 workers in a factory is given below in dollars. Assume the population has a normal distribution and has standard deviation $518. Compute a 98% confidence interval for the mean of the population. Round your answers to the nearest dollar and use ascending order.

Monthly Income
 
11621
12367
12030
12135
12561
11453
12313
11561
12424
 
HelpCopy to ClipboardDownload CSV
 
 
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON