Answer:
The store manager is 95% confident that the average amount spent by all customers is between $ 31.84 and $ 38.66.
Explanation:
In statistics, a confidence interval is the probability that the parameter of a population lies between two set of values when a random sample of the population is drawn for a specific percentage of times. This means that the confidence interval is formed about the whole population not the sample from which it is calculated.
The probabilities of a confidence interval can take any number, but 95% and 99% confidence level that are usually used.
It should be noted that, for example, 95% confidence level implies that there is a 95% chance that the true mean of the population lies within the calculated confidence interval.
Therefore, the statement which gives a valid interpretation of the interval in the question is the first one which states that "the store manager is 95% confident that the average amount spent by all customers is between $ 31.84 and $ 38.66."
I wish you the best.
It would be the Banking act of 1933; made so that banks would be unable to invest their money so that people would have more faith in them.
Answer: d. must stop payment if the bank has a reasonable time to act.
Explanation:
Dios as a bank holds money for it's customers which means that the money is still under the ownership of the customer in question to do as they see fit.
If the customer therefore instructs them to act in a certain way with that money, they will do so provided that it is legal of course.
Bok asks Dios to stop a payment related to his own money and so they must do so if they have enough/reasonable time to do so because as their customer, he is there first priority especially in relation to his own money.
