This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A small stock brokerage firm wants to determine the average daily sales (in dollars) of stocks to ... (Read 87 times)

jmoore1989

  • Full Member
  • ***
  • Posts: 139
on: Mar 25, 2023

Question 1

A simple random sample of 36 items resulted in a sample mean of 40 and a standard deviation of 12. Construct a 95% confidence interval for the population mean.



Question 2

A small stock brokerage firm wants to determine the average daily sales (in dollars) of stocks to their clients. A sample of the sales for 36 days revealed average daily sales of $200,000. Assume that the standard deviation of the population is known to be $18,000.

a.Provide a 95% confidence interval estimate for the average daily sale.
b.Provide a 97% confidence interval estimate for the average daily sale.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jmoore1989 on Mar 25, 2023

viper01

  • Full Member
  • ***
  • Posts: 160
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.
Answer Preview
Only 25% of students answer this correctly


jmoore1989

  • Member
  • Posts: 139
Reply 2 on: Mar 25, 2023
Excellent

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

How genes produce proteins that determine traits in a simple dominant-recessive relationship. How genes produce proteins that determine traits in a simple dominant-recessive relationship.
Parasitic Hookworms in the small intestine Parasitic Hookworms in the small intestine
This battery-powered tester uses light-emitting diodes (LEDs), meter lead terminals, and two small ... This battery-powered tester uses light-emitting diodes (LEDs), meter lead terminals, and two small ...
How to use the discriminant to determine the value of k in a quadratic with one real root How to use the discriminant to determine the value of k in a quadratic with one real root
Small local hydroelectric power generators have more future potential Small local hydroelectric power generators have more future potential
Given the values of sin θ, determine the values of θ over the interval [0, 2pi] Given the values of sin θ, determine the values of θ over the interval [0, 2pi]
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library