Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. week # revenue print ad tv ad 1 $20,000 $ 3,100 $

Week # Revenue Print Ad TV Ad 1 $20,000 $ 3,100 $ 4,100 2 $22,000 $ 2,600...

50.1K

Verified Solution

Question

Statistics

Week # Revenue Print Ad TV Ad

1 $20,000 $ 3,100 $ 4,100

2 $22,000 $ 2,600 $ 4,200

3 $18,000 $ 2,800 $ 4,500

4 $21,000 $ 3,300 $ 4,300

5 $20,500 $ 3,100 $ 4,000

6 $19,000 $ 2,900 $ 3,700

7 $17,500 $ 2,500 $ 3,500

8 $21,225 $ 2,800 $ 3,600

9 $23,148 $ 3,000 $ 4,100

10 $22,865 $ 3,100 $ 4,400

11 $18,596 $ 2,600 $ 3,700

12 $17,432 $ 2,500 $ 3,100

Determine a 95% and 99% confidence interval that the revenuewill exceed $20,000. The sample proportion will come from the datagiven but the confidence interval should be for calculation basedon a year of data.

Answer & Explanation Solved by verified expert
4.1 Ratings (814 Votes)
Here we are to calculate the 95 and 99 Confidence interval forSample proportion of Revenue from the given dataHere the Sample size is n12Let the No of Revenues that    See Answer
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

Biology
1.2K views

3a. What are the parts of the tail of the crayfish? How does the crayfish use...

General Management
1.2K views

Strategy Exercise: Read the following vignette and develop some suggestions for the company based on the...

Geometry
1.2K views

B C If A NIN D 5 2 z 7 4 35 35 4 5...

Basic Math
1.2K views

mass of 1 slug when attached to a spring stretches it 2 feet and then...

Statistics
1.2K views

Use z scores to compare the given values Based on sample data newborn males have...

Calculus
1.2K views

A microwaveable cup of soup package needs to be constructed in the shape of cylinder...

Accounting
1.2K views

shields company has gathered the following data on a proposed investment project: investment required in...

Accounting
1.2K views

why do you think College athletes should be paid

Accounting
1.2K views

1. What are the major differences in the productivity aspect of manufacturing and service firms?...

Accounting
1.2K views

Veriodic System-Calculating Ending Inventory and Cost of Sales using Lifo The following information is avatlstie...

Accounting
1.2K views

A streaming video company capitalizes the cost of its video content, whether it is created...

Accounting
1.2K views

Temporary differences for measuring deferred taxes (interperiod tax allocation) amount to $10,000$0$18,000$28,000