A large department store found that it averages 362 customers per hour. Assume that the standard deviation is 29.6 and a random sample of 40 hours was used to determine the average. Find the 99% confidence interval of the population mean. Round off answers to the nearest whole number.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Answer as required.
A large department store found that it
averages 362 customers per hour. Assume
that the standard deviation is 29.6 and a
random sample of 40 hours was used to
determine the average. Find the 99%
confidence interval of the population
mean. Round off answers to the nearest
whole number.
What is the upper limit of the interval? *
1
What is the lower limit of the interval?
Upload complete solution here. *
image.jpg X
Transcribed Image Text:Answer as required. A large department store found that it averages 362 customers per hour. Assume that the standard deviation is 29.6 and a random sample of 40 hours was used to determine the average. Find the 99% confidence interval of the population mean. Round off answers to the nearest whole number. What is the upper limit of the interval? * 1 What is the lower limit of the interval? Upload complete solution here. * image.jpg X
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman