A random sample of 10 shipments of stick-on labels showed the following order sizes. (a) Construct a
Question:
(a) Construct a 95 percent confidence interval for the true mean order size.
(b) How could the confidence interval be made narrower? (Data are from a project by MBA student Henry Olthof Jr.)
Transcribed Image Text:
12,000 18,000 30,000 60,000 14,000 10,500 52,000 4,000 5,700 19,000
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Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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