Question: ASSIGNMENT The following data represent a random sample of 40 daily earnings (in peso) of a small retail store. At 99% confidence level, find the

ASSIGNMENT The following data represent a random sample of 40 daily earnings (in peso) of a small retail store. At 99% confidence level, find the following: a. point estimate for the population mean daily earnings of the store b. the margin of error e for the estimation of the mean daily earnings of the store. 300 350 275 400 450 200 335 250 280 300 260 500 700 550 340 600 500 450 170 650 380 420 450 700 480 500 550 600 200 250 600 390 380 270 650 750 400 350 490 590

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