Buyers with mortgage arrears revealed

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A survey of 50 home buyers with mortgage arrears revealed that the average level of arrears was £1796. Produce a 95 per cent confidence interval for an assumed standard deviation of £500, £1000 and £2000. What would you conclude from your findings?

Reference no: EM131064300

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Buyers with mortgage arrears revealed : A survey of 50 home buyers with mortgage arrears revealed that the average level of arrears was £1796. Produce a 95 per cent confidence interval for an assumed standard deviation of £500, £1000 and £2000. What would you conclude from your findings..
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