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Author Question: A statistician selected a sample of 16 accounts receivable and determined the mean of the sample to ... (Read 60 times)

ninaj

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on: Mar 25, 2023

A statistician selected a sample of 16 accounts receivable and determined the mean of the sample to be $5,000 with a standard deviation of $400. He reported that the sample information indicated the mean of the population ranges from $4,739.80 to $5,260.20. He neglected to report what confidence coefficient he had used. Based on the above information, determine the confidence coefficient that was used. Assume the population has a normal distribution.

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

Tussalpain

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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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ninaj

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Reply 2 on: Mar 25, 2023
Thanks for the timely response, appreciate it

flexer1n1

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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