The personnel department wants to estimate the cost of hiring a new secretary. The following data are

Question:

The personnel department wants to estimate the cost of hiring a new secretary.

The following data are collected on 8 new secretaries:image text in transcribed

Estimate the average cost of hiring. Construct a 90 % confidence interval.

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

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

Question Posted: