A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on

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A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on a random sample of 55 nonprofits, the mean one- time gift do-nation in the past year was $ 75, with a standard deviation of $ 9.

a. Construct a 95% confidence interval estimate for the population mean one- time gift donation.

b. Interpret the interval constructed in (a).

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Business Statistics A First Course

ISBN: 9780321979018

7th Edition

Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan

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Question Posted: Jul 16, 2015 07:28 PM

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A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on

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a Xbar t S n 75 20049 9 55 7257 7743 b You can be 95 confident that the population mean onetime gi...View the full answer

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