Company X set up a two-month trial phase to assess the bus line's profitability (44 weekdays). The
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Question:
A) Company X's manager estimates that the average daily wage would be kr 13,000 per day. Do you believe that the manager is correct given your 90% CI? Explain why or why not?
B) What is the ninety-percentile confidence interval for the total income made during five workdays?
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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