Calculate the confidence limits of the population mean at a confidence level of 95% if one sample

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Calculate the confidence limits of the population mean at a confidence level of 95% if one sample of 100 items resulted in a point estimate of the mean of \($937\) and a standard error of the mean of \($126\). What assumptions are necessary before the calculated confidence limits can be considered reliable? State the results of the calculation in words.

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Applications Of Statistical Sampling To Auditing

ISBN: 9780130391568

1st Edition

Authors: Alvin A. Arens, James K. Loebbecke

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