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Question 2 [6 marks] A researcher wants to study various characteristics of small retail businesses in Sydney CBD. A random sample of 50 workers who
Question 2 [6 marks] A researcher wants to study various characteristics of small retail businesses in Sydney CBD. A random sample of 50 workers who works in small retail businesses reveals the following: Sample average time working per week is 25 hours with a sample standard deviation of 10 hours
a) Construct a 95% confidence interval to estimate the population mean for the time working per week (check assumption). You must use the five steps for hypothesis test. [4 Marks] Solution.
b) Interpret the 95% confident interval. [2 marks]
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