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MGT-422 1. Suppose, the sample of 100 workers suggest that the mean spending of that company's workers is 820 BDT per month for commuting. If

MGT-422

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1. Suppose, the sample of 100 workers suggest that the mean spending of that company's workers is 820 BDT per month for commuting. If it is given that the population standard deviation of that spending is 200 BDT, construct the 99% confidence interval and interpret the resul. [10 points] 1. Suppose, the sample of 100 workers suggest that the mean spending of that company's workers is 820 BDT per month for commuting. If it is given that the population standard deviation of that spending is 200 BDT, construct the 99% confidence interval and interpret the resul. [10 points]

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