A simple random sample of 100 water meters within a community is monitored to estimate the average daily water consumption per household over a specified dry spell. The sample mean and sample variance are found to be ȳ=12.5 and s2=1252. If we assume that there are N=10,000 households within the community, estimate μ, and place bound on the error of estimation.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 9PPS
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A simple random sample of 100 water meters within a community is monitored to estimate the average daily water consumption per household over a specified dry spell. The sample mean and sample variance are found to be ȳ=12.5 and s2=1252. If we assume that there are N=10,000 households within the community, estimate μ, and place bound on the error of estimation.

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