Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. 7 pts we want to estimate with 95 confidence the a

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

80.2K

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 x 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 Yes we meet the conditions for the CLT because the sample size is sufficiently large n 45 and the population standard deviation is known This allows us to assume that the sampling distribution of the sample mean is approximately normally distributed regardless of the distribution of the population b What are the degrees of freedom of our t distribution and what is our T score for this confidence interval No work to be shown just checking a calculation n 1 45 1 44 T score 2 0154 C ta form below Write out your confidence interval in x ta

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

Medical Sciences
1.2K views

Could Dolphia (O-) have a child with blood type AB+? Why or why not?    Josie slept...

Physics
1.2K views

In each hand you hold a 0.17-kg apple. What is the gravitational force exerted by each...

Basic Math
1.2K views

theme park owner wants to know if the children’s rides are favoring 10 year old girls...

Geometry
1.2K views

14 The equation of Circle A is x y 8y 4x 4 Determine the center...

Basic Math
1.2K views

Verifying a 30 60 90 Triangle Relationship Given that LABC is equilateral and AD bisects...

Statistics
1.2K views

An airliner carries 400 passengers and has doors with a height of 74 in. Heights...

Accounting
1.2K views

On October 1,20X1, a firm purchased a 1-year insurance policy for $2,400 and...

Accounting
1.2K views

What is the effect of an error in the ending inventory balance on the accounts...

Accounting
1.2K views

Take ine to the text

Accounting
1.2K views

The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017: ZIGBY...

Accounting
1.2K views

Al comienzo de su ao fiscal actual, Angela compr un bono corporativo de cupn cero...

Accounting
1.2K views

Question 18 Not yet answered Marked out of 1 P Flag question KML Corporation declared...