Suppose that a junior partner in a law firm in the Philippines earns an average of 150,000 pesos per month with a standard deviation of 5,000 pesos. To verify this information, a random sample of 36 junior partners was selected from a particular database. Within what limits would you expect the sample average to lie, with a probability of 95%? Round off your answer in the nearest digit. Do not include the units. Answer: Between ? to ?
Suppose that a junior partner in a law firm in the Philippines earns an average of 150,000 pesos per month with a standard deviation of 5,000 pesos. To verify this information, a random sample of 36 junior partners was selected from a particular database. Within what limits would you expect the sample average to lie, with a probability of 95%? Round off your answer in the nearest digit. Do not include the units. Answer: Between ? to ?
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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Suppose that a junior partner in a law firm in the Philippines earns an average of 150,000 pesos per month with a standard deviation of 5,000 pesos. To verify this information, a random sample of 36 junior partners was selected from a particular database. Within what limits would you expect the sample average to lie, with a probability of 95%? Round off your answer in the nearest digit. Do not include the units.
Answer: Between ? to ?
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