The manager in the local shoe factory wants to estimate the productivity of the midnight shift. He
Question:
The manager in the local shoe factory wants to estimate the productivity of the midnight shift. He draws a random sample of 10 nights and records the productivity as follows:
(a) Estimate the average productivity.
(b) Assuming that the data follow a normal distribution, derive a 95%confidence interval.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
Question Posted: