SOLUTION: The manager of a large bank wanted to estimate the mean number of customers that visited his insurance brokers.A sample of 20 brokers showed that they averaged 20 clients per week.

Algebra ->  Probability-and-statistics -> SOLUTION: The manager of a large bank wanted to estimate the mean number of customers that visited his insurance brokers.A sample of 20 brokers showed that they averaged 20 clients per week.      Log On


   



Question 729360: The manager of a large bank wanted to estimate the mean number of customers that visited his insurance brokers.A sample of 20 brokers showed that they averaged 20 clients per week.
1.develop the 95% confidence interval for the population mean.
2.would it be reasonable to conclude that the population mean is 25?

Answer by lynnlo(4176) About Me  (Show Source):