Question
In a random sample of 60 dog owners enrolled in obedience training, it was determined that the mean amount of money spent per owner was
In a random sample of 60 dog owners enrolled in obedience training, it was determined that the mean amount of money spent per owner was $109.33 per class. Assume the population standard deviation of the amount spent per owner is $12.
A. Construct and interpret a 95% confidence interval for the mean amount spent per owner for an obedience class.
B. Interpret the confidence interval.
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Making Hard Decisions with decision tools
Authors: Robert Clemen, Terence Reilly
3rd edition
538797576, 978-0538797573
