7 pts We want to estimate with 95 confidence the average daily sales by various...

60.1K

Verified Solution

Question

Statistics

image

7 pts We want to estimate with 95 confidence the average daily sales by various box stores during the holiday season We take a random sample of 45 box stores in the northwest region and find that on average 10 254 in sales per day with a standard deviation of sx 1 181 per day a Do we meet the conditions for the CLT Explain why

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students