Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

From a random sample of 58 businesses, it is found that the mean time the owner spends on administrative issues each week is 21.69 with

From a random sample of 58 businesses, it is found that the mean time the owner spends on administrative issues each week is 21.69 with a population standard deviation of 3.54. What is the 95% confidence interval for the amount of time spent on administrative issues?

(20.93, 22.46)

(20.78, 22.60)

(19.24, 24.14)

(20.71, 22.67)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra and Its Applications

Authors: Gilbert Strang

4th edition

30105678, 30105676, 978-0030105678

More Books

Students also viewed these Mathematics questions