Write brief expanation of meaning of confidence interval in

Reference no: EM13470885

1. Collette is self-employed, selling items at Home Interior parties. She wants to estimate the average amount a client spends at each party. A random sample of 35 clients' receipts gave a sample mean of $34.70 with population standard deviation $4.85.

1. Should you use the critical value (zc) or (tc) in determining a confidence interval in this problem? Explain.

2. Find a 90% confidence interval for the average amount expected to be spent by an individual.

3. Write a brief expanation of the meaning of the confidence interval in the context of this problem

4. For a party with 35 clients, use part (b) to estimate a range of dollar values for Collette's total sales at that party.

Reference no: EM13470885

Questions Cloud

How many more students must be included in sample to be 99 : a random sample of 53 students were asked for the number of semester hours they are taking this semester at surry

Recall the difference between a crime and a tort based on : the bailey v. eminem defamation case where the court held eminems lyrics were protected by the first amendment. read

Analyze whether the suit can be brought in federal : discussion1 applying the law to a set of factsread the hypothetical case problem 1 and respond to these questions1.

Construct the payoff table to help the owner decide how : the owner of a clothing store must decide how many mens shirts to order for the new season. for a particular type of

Write brief expanation of meaning of confidence interval in : 1. collette is self-employed selling items at home interior parties. she wants to estimate the average amount a client

The priority of the interrupts ranges from irq6 as the : given the following set of events show which routines the cpu is executing for times 0 to 100 ns.nbsp each handler

Are there other differences between the adult and juvenile : five u.s. supreme court cases kent v. united states 1966 re gault 1967 re winship 1970 mckeiver v. pennsylvania 1971

Paul and thomas franklin brothers are college students and : paul and thomas franklin brothers are college students and web designers. while at the university of megalopolis a

Estimate the maximum aggregate io transfer rate in this : question a 32-bit computer has two selector channels and one multiplexor channel. each selector channel supports two

User Account

All Pages