Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A sample of 14 recent transactions on Amazon.com shows an average customer rating of 354. Based on the historical data, the population standard deviation of
A sample of 14 recent transactions on Amazon.com shows an average customer rating of 354. Based on the historical data, the population standard deviation of customer ratings is known to be 0.25. We have 95% condence to say that the average customer rating during the period when the sample is collected is at least ______ . (Enter 4 digits after the decimal point e.g. 3.1234)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started