Create confidence interval for population mean-monthly sales, Basic Statistics

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Create confidence interval for population mean-monthly sales

A pharmaceutical company wanted to estimate the population mean of monthly sales for their 250 sales people. Forty sales people were randomly selected. Their mean monthly sales were $10,000 with a standard deviation of $1000. Construct a 95% confidence interval for the population mean.

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Basic Statistics: Create confidence interval for population mean-monthly sales

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Basic Statistics: Create confidence interval for population mean-monthly sales

Reference No:- TGS0114321

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Create confidence interval for population mean-monthly sales

Reference No:- TGS0114321

Recent Questions Asked Basic Statistics

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