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Author Question: A random sample of 81 credit sales in a department store showed an average sale of $68.00. From past ... (Read 132 times)

Labomba

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on: Mar 25, 2023

Question 1

A random sample of 81 children with working mothers showed that they were absent from school an average of 6 days per term with a standard deviation of 1.8 days. Provide a 95% confidence interval for the average number of days absent per term for all the children.



Question 2

A random sample of 81 credit sales in a department store showed an average sale of $68.00.  From past data, it is known that the standard deviation of the population is $27.00.

a.Determine the standard error of the mean.
b.With a 0.95 probability, what can be said about the size of the margin of error?
c.What is the 95% confidence interval of the population mean?

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by Labomba on Mar 25, 2023

saly

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Labomba

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Reply 2 on: Mar 25, 2023
Great answer, keep it coming :)

sailorcrescent

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Reply 3 on: Yesterday
Wow, this really help

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