A random sample of 60 people revealed it took an average of 55 minutes with a standard deviation of 10 minutes for a person to complete a loan application at the bank. Construct a 90% confidence...


A random sample of 60 people revealed it took an average of 55 minutes with a standard deviation of 10 minutes for a person to complete a loan application at the bank. Construct a 90% confidence interval forμ, the true time it takes any person to complete the loan form.


What is the upper confidence limit?



Jun 08, 2022
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