A bank officer wants to determine the amount of the average total monthly deposits per customer at
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A bank officer wants to determine the amount of the average total monthly deposits per customer at the bank. He believes an estimate of this average amount using a confidence interval is sufficient. How large a sample should he take to be within $200 of the actual average with 99% confidence? He assumes the standard deviation of total monthly deposits for all customers is about $1,000.
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Lekshmi Krishnan C U
I am working as guest lecturer at an aided college. I have as experience of two year in college teaching. I am teaching Degree students whose main subject is statistics
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Related Book For 
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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