Multiply all of the numbers together: 5 x 2 x 8 = 10 x 8 = 80 ways
Step-by-step explanation:
Mean = 81740
Standard deviation = 4590
Sample size = 15
Alpha level = 1-0.95 = 0.05
Df = 15-1 = 14
Critical value:
alpha/2 = 0.05/2 = 0.05
t0.025
t critical value = 2.145
Margin of error ME
2.145 x 4590/√15
2.145 x 4590/3.873
ME = 2542.09
Confidence interval
Lower CI = mean - ME
= 81740-2542.09
= 79197.91
Upper CI = mean + ME
= 81740+2542.09
= 84282.09
[ 79197.91, 84282.09]
B.
Using excel, exact answer for CI
Lower limit = 79198.142724212173
Upper limit = 84281.8572757827
C.
The assumptions to be made from the population are that
1. Samples are random
2. These samples are gotten from an approximately normal distribution
Answer:
-7
Step-by-step explanation:
