To decide to eatimate the average income of hoosiers by drawing a random sample of 500 hoosierd. The mean is 40,000 and standard deviation is 10,000. Construct a 95% confidence interval for mean income among hoosiers
To decide to eatimate the average income of hoosiers by drawing a random sample of 500 hoosierd. The mean is 40,000 and standard deviation is 10,000. Construct a 95% confidence interval for mean income among hoosiers
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 58E: What is meant by the sample space of an experiment?
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To decide to eatimate the average income of hoosiers by drawing a random sample of 500 hoosierd. The
Expert Solution
Given info:
Here, Mean x-bar=40,000, standard deviation s=10,000, sample size n=500.
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