You want to build a 90% confidence interval estimate of a population mean. You take a sample

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You want to build a 90% confidence interval estimate of a population mean. You take a sample of size 100, and find a sample mean of 1300. If the population standard deviation is 25, calculate the
a. Standard error of the sampling distribution of the sample mean.
b. Margin of error for your interval.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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