Confidence interval for the total amount of receivables

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An Auditor of a small bsuiness has sampled 50 of 700 accounts. The sample mean total receivables is $435, and the sample standard deviation is $86. Find a 95% confidence interval for the total amount of receivables.

Reference no: EM13100643

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Confidence interval for the total amount of receivables : An Auditor of a small bsuiness has sampled 50 of 700 accounts. The sample mean total receivables is $435, and the sample standard deviation is $86. Find a 95% confidence interval for the total amount of receivables.

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