Companies often print their corporate policies for training purposes. What is the average length of a companys

Question:

Companies often print their corporate policies for training purposes. What is the average length of a company’s policy book? Suppose policy books are sampled from 45 medium-sized companies. The average number of pages in the sample books is 213, and the population standard deviation is 48. Use this information to construct a 98% confidence interval to estimate the mean number of pages for the population of policy books for medium-sized companies.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Business Statistics For Contemporary Decision Making

ISBN: 9781119577621

3rd Canadian Edition

Authors: Ken Black, Ignacio Castillo

Question Posted: