Question: How many computers? In a simple random sample of 185 households, the sample mean number of personal computers was 1.66. Assume the population standard deviation

How many computers? In a simple random sample of 185 households,

How many computers? In a simple random sample of 185 households, the sample mean number of personal computers was 1.66. Assume the population standard deviation is o = 0.41. Part: 0 / 4 Part 1 of 4 (a) Construct an 80% confidence interval for the mean number of personal computers. Round the answer to at least two decimal places. An 80% confidence interval for the mean number of personal computers is

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1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.

4. It is only at this point that you can give the problem your full attention in relation to the various ways you have framed the problem.