Ninety nine percent confidence interval for mean

Reference no: EM1321101

The mean daily sales at the Stop and Go is $20,000 for a sample of 40 days. The standard deviation of the sample is $3,000.

What is the 99% confidence interval?

Reference no: EM1321101

Questions Cloud

Calculate the monthly break even volume for the company. : Evergreen Fertilizer Company produces fertilizer. The company’s fixed monthly cost is USD 25,000, and its variable cost per pound of fertilizer is USD 0.15. Evergreen sells the fertilizer for USD 0.40 per pound. Calculate the monthly break even volum..

Interpret ninetry percent confidence interval result : The standard deviation of the sample is $3,000. Interpret your findings.

The expected gains and losses under economic : The expected gains & losses under each economic type of conditions are shown in the following table.

Budgeting method to use for marketing efforts : Sierra Jo & Co. is a company that sells kittens and puppies. When deciding on which budgeting method to use for its marketing efforts, the company CEO decides to use one of the most common methods

Ninety nine percent confidence interval for mean : What is the 99% confidence interval?

Secondary risks arising when dealing with identified risks : During the course of the Implementation step, new risks may be identified or we may find secondary risks arising when dealing with identified risks that occur.

The cost per unit of producing product : The cost per unit of producing each product will be determined by whether a new union labor contract passes or fails. The cost per unit of each product, giving each contract result is shown in the following pay off table.

Test using two sample independent z test : At 95% level of confidence, can we conclude that the babies using the Gibbs product gained less weight?

Practice of downloading or copying multimedia content : How has education affected your views about the practice of downloading or copying multimedia content in these fields? What collaboration tools have you used in your work environment or personal life?

User Account

All Pages