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
A welder is making a metal cube. The edges of the cube will each measure115 centimeters. What will be the surface area of the me
zepelin [54]
79,350 cm

Explanation:

115x115=13,225 (this is the area of one side)

13,225x6=79,350(a cube has 6 sides)
8 0
3 years ago
PLEASE HELP TUME LIMIT IS 10 MINUTES
Leno4ka [110]

Answer:

similar and congruent

Step-by-step explanation:

those are the only words i know

8 0
3 years ago
Read 2 more answers
The histogram below shows information about the number of hamburgers students ate in a month:
vovikov84 [41]
The answer is

D. The number of students who ate 10 hamburgers or more

100% Verified!

Hope This Helps!:)
6 0
3 years ago
Find the value of y.<br><br> PLS FAST ANSWER
Nimfa-mama [501]

Answer:

y = 6

use sine law

y/sin 60°=4√3/sin90°

4 0
2 years ago
Glenn rode his bike for 2 hours
Natali5045456 [20]
Cool. I rode mine for 1.
5 0
2 years ago
Read 2 more answers
Other questions:
  • PLEASE HELP ASAP!!! CORRECT ANSWER ONLY PLEASE!!!
    5·2 answers
  • Which of the following graphs are identical?
    15·1 answer
  • Simplify the radicals
    13·1 answer
  • 25 ft<br> 10 ft<br> 1412 ft
    7·2 answers
  • De acuerdo con la tercera ley de movimiento planetario de Kepler, la masa de un planeta es directamente proporcional al cubo de
    10·1 answer
  • Find the 76th term on the arithmetic sequence<br> 4, 7, 10, 13
    10·1 answer
  • A package in the shape of a rectangular prism has a length of 412 feet, a width of 234 feet, and a height of 213 feet. What is t
    6·1 answer
  • .The diameter of a bike wheel is 27 inches. If the wheel makes 15 complete rotations, how far does the bike travel?
    7·1 answer
  • How many square feet of outdoor carpet will we need for this hole?
    12·2 answers
  • What is the greatest common factor of the terms in the polynomial 12x4 + 27x3 + 6x2?
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!