A branch of a chain of large electronics stores is conducting an end-of-month inventory of the merchandise in stock. There were 1,546 items in inventory at that time. A sample of 50 items was randomly...

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A branch of a chain of large electronics stores is conducting an end-of-month inventory of the merchandise in stock. There were 1,546 items in inventory at that time. A sample of 50 items was randomly selected, and an audit was conducted, with the following results:


Construct a 95% confidence interval estimate of the total value of the merchandise in inventory at the end of the month.




Answered Same DayDec 25, 2021

Answer To: A branch of a chain of large electronics stores is conducting an end-of-month inventory of the...

Robert answered on Dec 25 2021
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