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Andrej [43]
1 year ago
8

I don’t know how to do it, please teach me !!!

Mathematics
1 answer:
cricket20 [7]1 year ago
5 0

As described in z-distribution the answers are given below:

a) The 95% confidence interval estimate for the population mean spending by a customer on visiting salon per month is given as follows: (747, 853).

b) The sampling error at 95% confidence level is of: $35.78.

What is a z-distribution ?

The normal distribution with a mean of 0 and a standard deviation of 1 is referred to as the standard normal distribution (also known as the Z distribution) (the green curves in the plots to the right). It is frequently referred to as the bell curve since the probability density graph resembles a bell.

solution:

The bounds of the confidence interval are given as follows:

In which:

is the sample mean.

z is the critical value.

n is the sample size. is the standard deviation for the population.

The parameters for this problem are given as follows:

Hence the lower bound of the interval is of:

800 - 200 x 1.96/square root of 55  = 747.

The upper bound of the interval is of:

800 + 200 x 1.96/square root of 55  = 853.

The sampling error for a sample size of 120 is calculated as follows:

200 x 1.96/square root of 120 = $35.78.

To learn more about the z-distribution from the given link

brainly.com/question/4079902

#SPJ1

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