Confidence interval for true mean annual income, Basic Statistics

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Confidence interval for true mean annual income

A nursing school wants to determine the true mean annual income of its alumni. It randomly samples 120 of its alumni. The mean annual income was $58,700 with standard deviation of $1,500. Determine a 95% confidence interval for true mean annual income of nursing school alumni. Write down a statement about the confidence level and the interval you find.

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Basic Statistics: Confidence interval for true mean annual income

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Basic Statistics: Confidence interval for true mean annual income

Reference No:- TGS0856779

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Recent Questions Asked Basic Statistics

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Confidence interval for true mean annual income

Reference No:- TGS0856779

Recent Questions Asked Basic Statistics

Q : How much fluid drained and replaced with pure antifreeze

Q : How many hours after leaving second car to overtake first

Q : Example of a poisson probability experiment

Q : Proportion of a bank commercial loan files

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Q : Average salaries are normally distributed

Q : Find out best route to go back to the room

Q : Normally distributed population

Q : Find distance between two cities if north latitude is given

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