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Author Question: Exhibit 7-1A random sample of 121 bottles of cologne showed an average content of 4 ounces. It is ... (Read 525 times)

llesku

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on: Mar 25, 2023

Question 1

Exhibit 7-1
A random sample of 121 bottles of cologne showed an average content of 4 ounces. It is known that the standard deviation of the contents (i.e., of the population) is 0.22 ounces.


Refer to Exhibit 7-1. The standard error of the mean equals


◦

0.3636


◦

0.0331


◦

0.0200


◦

4.000



Question 2

Exhibit 7-1
A random sample of 121 bottles of cologne showed an average content of 4 ounces. It is known that the standard deviation of the contents (i.e., of the population) is 0.22 ounces.


Refer to Exhibit 7-1. The point estimate of the mean content of the bottles is


◦

0.22


◦

4


◦

121


◦

0.02

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

ludadtpb

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Reply #1 on: Mar 25, 2023
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llesku

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

helenmarkerine

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Reply 3 on: Yesterday
Wow, this really help

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