document.write( "Question 1162080: The mean daily sales for a bookstore were $700 over the last 60 days. The standard deviation of this population is $85. What is the 95% confidence interval? \n" ); document.write( "
Algebra.Com's Answer #785793 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! the half-interval for the 95%CI is z*sigma/sqrt(n)=1.96*85/sqrt(60) \n" ); document.write( "=$21.51. Add to mean and subtract from mean to get CI. \n" ); document.write( "the CI is ($678.49, $721.51) \n" ); document.write( " |