Create-interpret confidence interval for mean amount spend

Assignment Help Basic Statistics

Reference no: EM13141866

In a random sample of 60 dog owners enrolled in obedience training, it was determined that the mean amount of money spent per owner was $109.33 per class. Assuming the population standard deviation of the amount spent per owner is $12, construct and interpret a 95% confidence interval for the mean amount spent per owner for an obedience class.

Reference no: EM13141866

Questions Cloud

Ruby has owned and rented : Ruby has owned and rented a residential property since 2008. Rental income for the current year is $15,000. During the year the company replaced the old kitchen fittings, including cupboards that had deteriorated through water damage and wear and tea..

Calculate using megastat package will contain more ounces : Assuming the weight of cereal is normally distributed, determine the likelihood that a package will contain more than 12.2 ounces. Calculate using megastat.

Explain nanotechnology -what is nanotechnology : Nanotechnology, What is nanotechnology? What are some examples of nanotechnology? How does nanotechnology differ

How does the total number of replication origins : How does the total number of replication origins in bacterial cells compare with the number of origins in human cells?

Create-interpret confidence interval for mean amount spend : Assuming the population standard deviation of the amount spent per owner is $12, construct and interpret a 95% confidence interval for the mean amount spent per owner for an obedience class.

Calculate the predetermined overhead rate : Calculate the predetermined overhead rate for the year using each of the following cost drivers:

How much output is sold at these prices : what are these prices? b) How much output is sold at these prices and what is the profit in each market? c) Based on your answer in part a, justify why would the firm charge same or different prices.

The company decided : Colin was not at the meeting that had made these decisions as he was in hospital recovering from a serious accident. Elizabeth, as was her usual custom, had not attended the meeting but signed the requisite documentation agreeing to the expansion of ..

Production cost worksheet : Prepare a production cost worksheet using weighted-average costing for the finishing department.

User Account

All Pages