Create 95 confidence interval for weekly average

Reference no: EM13394604

Based on a survey of 1,000 adults by Greenfield Online and resported in a May 2009 USA Today Snapshot, adults 24 years of age and under spend a weekly average of $35 on fast food. If 200 of the adults surveyed were in the age catetory of 24 and under and they provided a standard deviation of $14.50, construct a 95% confidence interval for the weekly average expenditure on fast food for adults 24 years of age and under. Assume fast food weekly expenditures are normally distributed.

Reference no: EM13394604

Questions Cloud

A proposed engineering control is expected to cut the : a proposed engineering control is expected to cut the accident rate by 40 percent for a given process that was recently

Suppsoe weight gain is normal determine 95 confidence : an experiment ws designed to estimate the mean difference in weight gain for pigs fed ration a as compared with those

Explain why is the reaction to a personal code of ethics : why is the reaction to a personal code of ethics from fellow employees important to the individual and to the

What is michellersquos opportunity cost of producing : 1. what is michellersquos opportunity cost of producing potatoes?2. what is michellersquos opportunity cost of

Create 95 confidence interval for weekly average : based on a survey of 1000 adults by greenfield online and resported in a may 2009 usa today snapshot adults 24 years of

Two peer reviewed journals for referencesthe differences : two peer reviewed journals for references.the differences between tall and flat the advantages and disadvantages. an

Explain the circumstances under which the firm chooses a : describe the circumstances under which a firm chooses a low-cost strategy to attain sustainable competitive advantage.

Remaining competitive in a global economy frequently : 1000 words- all new content at least 2 referencesremaining competitive in a global economy frequently means moving from

How many total publications are sold annually in each print : 1.how many total publications are sold annually in each print media industry?2.what are the major ownership chains in

User Account

All Pages