Making Decisions with Confidence Intervals Assume you work for Kimberly Clark Corporation, the makers of Kleenex. The
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Making Decisions with Confidence Intervals Assume you work for Kimberly Clark Corporation, the makers of Kleenex. The job you are presently working on requires you to decide how many Kleenexes are to be put in the new automobile glove compartment boxes. Complete the following.
1. How will you decide on a reasonable number of Kleenexes to put in the boxes?
2. When do people usually need Kleenexes?
3. What type of data collection technique would you use?
4. Assume you found out that from your sample of 85 people, on average about 57 Kleenexes are used throughout the duration of a cold, with a population standard deviation of 15. Use a confidence interval to help you decide how many Kleenexes will go in the boxes.
5. Explain how you decided how many Kleenexes will go in the boxes.
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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