Confidence interval of the population mean income
A sample 25 MBA student taking OTM course in spring of 2013, describes an average income of $85,000 with the sample standard deviation of 5,000. Determine the 95% confidence interval of the population mean income of MBA student.
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A sample 16 MBA student taking OTM course in spring of 2013, describes an average income of $62,000 with the sample standard deviation of 2,000. Find the 95% confidence interval of the population mean income of MBA student.
The standard deviation of the population is known to be 4 months. Find the 90% confidence interval of the popualtion mean life of "AA" Alkaline batteries.
A sample 9 MBA student taking OTM course in spring of 2013, describes an average income of $95,000 with the sample standard deviation of 9,000. Find the 90% confidence interval of the population mean income of MBA student.
A sample of 36 "AA" Alkaline batteries has mean life of 6 months. The standard deviation of the population is known to be 3 months. Find the 95% confidence interval of the popualtion mean life of "AA" Alkaline batteries.
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