A random sample of 50 employees is chosen from a company. The average salary of the 50 employees is $55,000 and the standard deviation is $5,000. Find a 99% confidence interval for the average salary...

Question 6: a random sample of 50 employees is chosen from a company…

A random sample of 50 employees is chosen from a company.<br>The average salary of the 50 employees is $55,000 and the<br>standard deviation is $5,000. Find a 99% confidence interval<br>for the average salary of the entire company.<br>($53,178.61, $56,821.38)<br>($54,991.14, $55,008.86)<br>($53,836.91, $56,163.09)<br>($53,178.61, $56,821.39)<br>

Extracted text: A random sample of 50 employees is chosen from a company. The average salary of the 50 employees is $55,000 and the standard deviation is $5,000. Find a 99% confidence interval for the average salary of the entire company. ($53,178.61, $56,821.38) ($54,991.14, $55,008.86) ($53,836.91, $56,163.09) ($53,178.61, $56,821.39)

Jun 10, 2022

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A random sample of 50 employees is chosen from a company. The average salary of the 50 employees is $55,000 and the standard deviation is $5,000. Find a 99% confidence interval for the average salary...

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