# Question: A random sample of size 70 is taken from a

A random sample of size 70 is taken from a population that has a variance of 49.The sample mean is 90.4.What is the point estimate of µ? Construct a 94% confidence interval for µ.

**View Solution:**## Answer to relevant Questions

A random sample of size 39 is taken from a population of 200 members. The sample mean is 66 and the population standard deviation is 11. Construct a 96% confidence interval to estimate the population mean. What is the point ...A meat-processing company in the Midwest produces and markets a package of eight small sausage sandwiches. The product is nationally distributed, and the company is interested in knowing the average retail price charged for ...Use the following data to construct a 99% confidence interval for µ.Assume x is normally distributed. What is the point estimate forµ?Use the information about each of the following samples to compute the confidence interval to estimate p.a. n = 44 and p̂ = .51 compute a 90% confidence interval.b. n = 300 and p̂ = .82 compute a 95% confidence interval.c. ...Suppose a survey of 275 executives is taken in an effort to determine what qualities are most important for an effective CEO to possess? The survey participants are offered several qualities as options, one of which is ...Post your question