1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OLga [1]
3 years ago
9

A major department store chain is interested in estimating the mean amount its credit card customers spent on their first visit

to the chain's new store in the mall. Fifteen credit card accounts were randomly sampled and analyzed with the following results: X = $50.50 and S = 20.
Construct a 95% confidence interval for the mean amount its credit card customers spent on their first visit to the chain's new store in the mall assuming that the amount spent follows a normal distribution.
Mathematics
1 answer:
sergiy2304 [10]3 years ago
8 0

Answer:

95% Confidence interval: (39.43, 61.58)

Step-by-step explanation:

We are given the following in the question:

Sample mean, \bar{x} = $50.50

Sample size, n = 15

Alpha, α = 0.05

Sample standard deviation = 20

95% Confidence interval:

\bar{x} \pm t_{critical}\displaystyle\frac{s}{\sqrt{n}}  

Putting the values, we get,  

t_{critical}\text{ at degree of freedom 14 and}~\alpha_{0.05} = \pm 2.1447  

=50.50 \pm 2.1447(\dfrac{20}{\sqrt{15}} ) \\\\= 50.50 \pm 11.0751 \\= (39.4249,61.5751)\\\approx (39.43, 61.58)  

95% Confidence interval: (39.43, 61.58)

You might be interested in
V2+4v-21=0 (solve by factoring)​
frozen [14]

Answer: (v + 7)(v -3)

Step-by-step explanation:

(v +7)(v -3)

v x v = v^2

v x -3 = -3v

7 x v = 7v

7 x -3 = -21

v^2 -3v +7v -21 = v^2 +4v -21 = 0

6 0
3 years ago
Read 2 more answers
Write this in equation form 5 less than risk equal to 16
dolphi86 [110]
Risk - 5 = 16. It is just mathematical language.
7 0
3 years ago
(0) 3х+4+ 2 x-64 у. 2
ElenaW [278]

Answer:y 43

Step-by-step explanation:

6 0
3 years ago
OD) A tree is 30 feet tall and casts a shadow that is 25 feet long. At the same time, a man
RUDIKE [14]

Answer:

6ft

Step-by-step explanation:

7 0
3 years ago
35. A tree outside of Tracy’s building casts a 125 ft. shadow. At the same time of day, Tracy casts a. 5.5 ft. shadow. If Tracy
Charra [1.4K]
Let n be the height of the tree, in inches. Then:
n/1500=58/66
66n=87000
n=1318.18 in, or 109.84 ft
☺☺☺☺

3 0
3 years ago
Other questions:
  • You are planning to email to two lists. the first list has 1,200 names. the second list has 900 names. there are 150 names that
    6·2 answers
  • A recipe for lemonade calls for 1 cup of sugar and 5cups of water. How much sugar is used per cup of water?
    13·2 answers
  • Item 10 At 1:00 P.M., you have 24 megabytes of a movie. At 1:15 P.M., you have 96 megabytes. What is the download rate in megaby
    8·1 answer
  • What is 56% as a fraction<br> plz show me in steps:)
    14·2 answers
  • Show 12×12.5 step-by-step
    15·1 answer
  • What is the domain of the function f(x)=x^2+3x+5?
    7·2 answers
  • Suda çözündüklerinde H* iyonu verebilen
    7·1 answer
  • 4=∣11+3x∣<br> first to answer correctly gets brainliest
    6·2 answers
  • How do you write 3<br> 5<br> /<br> 12<br> as a decimal
    10·2 answers
  • Help me please edddd
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!