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A manager is interested in determining the average hourly wage of individuals working at a branch of a major department store. She takes a random
A manager is interested in determining the average hourly wage of individuals working at a branch of a major department store. She takes a random sample of 16 workers and calculates a mean of 22.52 and a standard deviation of 9.16. Assuming that the population distribution of hourly rates is normal, estimate with 90% confidence the mean hourly wage at the department store by answering the following questions.
i.Specify the formula for the 90% confidence interval estimator for the mean hourly wage
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