Confidence Interval for the Population Mean

Nonfiction, Social & Cultural Studies, Social Science, Statistics
Cover of the book Confidence Interval for the Population Mean by Homework Help Classof1, Classof1
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Homework Help Classof1 ISBN: 1230000129648
Publisher: Classof1 Publication: May 2, 2013
Imprint: Language: English
Author: Homework Help Classof1
ISBN: 1230000129648
Publisher: Classof1
Publication: May 2, 2013
Imprint:
Language: English

A small town has a population of 20,000 people.  Among these 1,000 regularly visit a popular local bar. A sample of 100 people who visit the bar is surveyed for their annual expenditures in the bar. It is found that on average each person who regularly visits the bar spends about $1500 per year in the bar with a standard deviation of $120. Construct a 99 percent confidence interval around the mean annual expenditure in the bar.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

A small town has a population of 20,000 people.  Among these 1,000 regularly visit a popular local bar. A sample of 100 people who visit the bar is surveyed for their annual expenditures in the bar. It is found that on average each person who regularly visits the bar spends about $1500 per year in the bar with a standard deviation of $120. Construct a 99 percent confidence interval around the mean annual expenditure in the bar.

More books from Classof1

Cover of the book Solving the Word Problem by Using Augmented Matrices. by Homework Help Classof1
Cover of the book Computation of Contribution Margin Income Statement by Homework Help Classof1
Cover of the book Microbiology Virus and Fungi by Homework Help Classof1
Cover of the book Micro Economics Schedule Using Transportation Model by Homework Help Classof1
Cover of the book Use demand and Supply Analysis by Homework Help Classof1
Cover of the book Analysis of a Business Environment by Homework Help Classof1
Cover of the book Analysis Externality on Education by Homework Help Classof1
Cover of the book Refractive Period and Significance of Nernst Equation by Homework Help Classof1
Cover of the book Macro Economics Inflation by Homework Help Classof1
Cover of the book Calculate The Test Statistic And P-Value by Homework Help Classof1
Cover of the book Expectation, Unbiased And Variance for β1 by Homework Help Classof1
Cover of the book Astrophysics Distance Between the Two Stars by Homework Help Classof1
Cover of the book The Difference Between the Weight of Chips by Homework Help Classof1
Cover of the book Find the Inverse Probability for Normal Distribution by Homework Help Classof1
Cover of the book Solving Algebraic Expresssions by Homework Help Classof1
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy