You are the program officer for an outreach program for struggling families. Because of very limited...
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You are the program officer for an outreach program forstruggling families. Because of very limited funding (welcome tothe non profit sector), you are only able to start the program upin zip codes with an average household income of less than$36,500.
Also because of limited funding, you rely on samples obtained bya government agency for each zipcode.
According to a sample of 800, zipcode 00001 has an averagehousehold of $39,500 with a standard deviation of $14,000. Using aconfidence interval of 95%, is this zipcode immediatelydisqualified? Why or why not? Demonstrate your work.
You are the program officer for an outreach program forstruggling families. Because of very limited funding (welcome tothe non profit sector), you are only able to start the program upin zip codes with an average household income of less than$36,500.
Also because of limited funding, you rely on samples obtained bya government agency for each zipcode.
According to a sample of 800, zipcode 00001 has an averagehousehold of $39,500 with a standard deviation of $14,000. Using aconfidence interval of 95%, is this zipcode immediatelydisqualified? Why or why not? Demonstrate your work.
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