A recent study of 26 Conway, South Carolina, residents revealed they had lived at their current address

Question:

A recent study of 26 Conway, South Carolina, residents revealed they had lived at their current address an average of 9.3 years. The standard deviation of the sample was 2 years.
a. What is the population mean?
b. What is the best estimate of the population mean?
c. What is the standard error of estimate?
d. Develop a 90% confidence interval for the population mean.

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

Step by Step Answer:

Related Book For  answer-question

Statistical Techniques in Business and Economics

ISBN: 978-1259666360

17th edition

Authors: Douglas A. Lind, William G Marchal

Question Posted: