A publishing company is studying the sales of various franchises in their chain of stores. A researcher computed 90%, 95%, 97 %, and 99% confidence intervals for the population mean daily sales (in dollars). Which of the following intervals is the the 95% confidence interval for the population mean daily sales? ($5298.4, $6041.6) ($5088.1, $6251.9) ($5227.2, $6112.8) ($5179.7, $6160.3)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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A publishing company is studying the sales of various franchises in their chain of stores. A researcher
computed 90%, 95%, 97%, and 99% confidence intervals for the population mean daily sales (in
dollars). Which of the following intervals is the the 95% confidence interval for the population mean
daily sales?
($5298.4, $6041.6)
($5088.1, $6251.9)
($5227.2, $6112.8)
($5179.7, $6160.3)
Transcribed Image Text:A publishing company is studying the sales of various franchises in their chain of stores. A researcher computed 90%, 95%, 97%, and 99% confidence intervals for the population mean daily sales (in dollars). Which of the following intervals is the the 95% confidence interval for the population mean daily sales? ($5298.4, $6041.6) ($5088.1, $6251.9) ($5227.2, $6112.8) ($5179.7, $6160.3)
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