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Author Question: The monthly incomes from a random sample of workers in a factory are shown below.Monthly Income(In ... (Read 108 times)

fungirl

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The monthly incomes from a random sample of workers in a factory are shown below.

Monthly Income

(In $1,000)

4.0

5.0

7.0

4.0

6.0

6.0

7.0

9.0


a.Compute the standard error of the mean (in dollars).
b.Compute the margin of error (in dollars) at 95% confidence.
c.Compute a 95% confidence interval for the mean of the population. Assume the population has a normal distribution. Give your answer in dollars.



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Marked as best answer by fungirl on Mar 25, 2023

Harsh06

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fungirl

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


irishcancer18

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

 

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