document.write( "Question 1121356: A clothing store manager takes a random sample of 40 sales for the day. From this sample the manager calculated that the mean sale amount per customer was $88 with a standard deviation of $12. Assume that sales per customer is approximately normally distributed. Construct a 99% confidence interval for the mean sales per customer.
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document.write( "$82. 90 to $93.10
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document.write( "$79.50 to $95. 60
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document.write( "$82.00 to $94.00
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document.write( "$76.00 to $100.00
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Algebra.Com's Answer #737235 by Boreal(15235) You can put this solution on YOUR website! This is a t-interval and 99% with df=39 is 2.708 \n" ); document.write( "the half interval is +/- t*s/sqrt (n)=2.708*12/sqrt(40) \n" ); document.write( "That is 5.14\r \n" ); document.write( "\n" ); document.write( "interval is (82.86, 93.14) , the first choice \n" ); document.write( " |