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The accompanying data contains the monthly retail sales ($millions) of a large country's women's clothing stores for 70 months. A sample taken from this population
The accompanying data contains the monthly retail sales ($millions) of a large country's women's clothing stores for 70 months. A sample taken from this population to estimate the average sales in this time period is shown below. Complete parts a through d below.
2,892 | 2,328 | 3,133 | 2,724 | 2,554 | 2,997 | 2,671 | 2,409 | 2,906 | |
2,839 | 2,820 | 3,146 | 2,436 | 2,686 | 3,177 | 3,071 | 2,713 | 2,466 | |
3,089 | 3,125 | 3,024 | 2,727 | 2,412 | 3,077 | 2,443 |
c. How much sampling error is present in this sample?
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