The union for a particular industry has determined that the standard deviation of the daily wages...
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The union for a particular industry has determined that the standard deviation of the daily wages of its workers is $15. A random sample of 90 workers in this ndustry has a mean daly wage of $116. Find a 95% confidence interval for the true mean daily wage of all union workers in the industry. Then give its lower limit and upper limit. Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (If necessary, consult a list uf formulas Lower limit: Upper lmit: 0 The union for a particular industry has determined that the standard deviation of the daily wages of its workers is $15. A random sample of 90 workers in this ndustry has a mean daly wage of $116. Find a 95% confidence interval for the true mean daily wage of all union workers in the industry. Then give its lower limit and upper limit. Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (If necessary, consult a list uf formulas Lower limit: Upper lmit: 0
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Given Sample mean 6 Standavd deviation 15 n 90 confiden ... View the full answer
Related Book For
Introduction to Operations and Supply Chain Management
ISBN: 978-0132747325
3rd edition
Authors: Cecil B. Bozarth, Robert B. Handfield
Posted Date:
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