Question
Data on4600college graduates show that the mean time required to graduate with a bachelor's degree is 6.22 years with a standard deviation of 1.36 years.
Data on4600college graduates show that the mean time required to graduate with a bachelor's degree is 6.22 years with a standard deviation of 1.36 years. Use a single value to estimate the mean time required to graduate for all college graduates. Also, find the 95% confidence interval for the mean time required to graduate for all college graduates.
The estimate for the mean time required to graduate for all college graduates is ? years.
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Essentials of Business Analytics
Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
2nd edition
1305627733, 978-1305861817, 1305861817, 978-0357688960, 978-1305627734
