Author Question: A random sample of 26 checking accounts at a bank showed an average daily balance of 300 and a ... (Read 119 times)

saraeharris

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A random sample of 26 checking accounts at a bank showed an average daily balance of 300 and a standard deviation of 45 . The balances of all checking accounts at the bank are normally distributed. Develop a 95 confidence interval estimate for the mean of the population.

Question 2

The volume that results in marginal revenue equaling marginal cost is called the break-even point.
  Indicate whether the statement is true or false



manuelcastillo

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Answer to Question 1

281.82 to 318.18

Answer to Question 2

F



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