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 Calculating Measures of Location and Dispersion for the given set of Data by Homework Help Classof1
Cover of the book Choice of Monopoly for Rate of Return Regulation by Homework Help Classof1
Cover of the book Statistics Probability Discrete Probability Distribution by Homework Help Classof1
Cover of the book Essay Writing on Visionary Leadership by Homework Help Classof1
Cover of the book Microbiology Virus and Fungi by Homework Help Classof1
Cover of the book Journal entries for transactions by Homework Help Classof1
Cover of the book Finding the Expected Value of the Random Variable X by Homework Help Classof1
Cover of the book Finding the Stationary Points for the Given Function. by Homework Help Classof1
Cover of the book Micro Economics Schedule Using Transportation Model by Homework Help Classof1
Cover of the book Calculation of Elasticity of Demand and Marginal Revenue. by Homework Help Classof1
Cover of the book Learning from International Business by Homework Help Classof1
Cover of the book Using Linear Regression to Calculate Complex Factors by Homework Help Classof1
Cover of the book Application of Balanced Scorecard by Homework Help Classof1
Cover of the book Immunology Chronic Inflammatory Response by Homework Help Classof1
Cover of the book Confidence Interval for Mean 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