A recent study of 26 Conway, South Carolina, residents revealed they had lived at their current address
Question:
A recent study of 26 Conway, South Carolina, residents revealed they had lived at their current address an average of 9.3 years. The standard deviation of the sample was 2 years.
a. What is the population mean?
b. What is the best estimate of the population mean?
c. What is the standard error of estimate?
d. Develop a 90% confidence interval for the population mean.
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-1259666360
17th edition
Authors: Douglas A. Lind, William G Marchal
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