It has been reported that American taxpayers spend 6.6 billion hours filling out tax forms each year.
Question:
a. Use sample results to build a 95% confidence interval estimate of the average time taken filling out tax forms for the population of all American taxpayers.
b. If there are 150 million taxpayers in the US, show the 95% confidence interval for the total hours taken filling out tax forms for this population.
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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