An economist wants to estimate the average amount in savings account at banks in a given region. A random sample of 100 accounts gives a mean of $ 357.60 and standard deviation of $ 1.40. (1) Given a...


An economist wants to estimate the average amount in savings account at banks in a given region. A<br>random sample of 100 accounts gives a mean of $ 357.60 and standard deviation of $ 1.40.<br>(1) Given a 95% confidence interval for the average amount in any savings accounts at a bank in the<br>given region.<br>

Extracted text: An economist wants to estimate the average amount in savings account at banks in a given region. A random sample of 100 accounts gives a mean of $ 357.60 and standard deviation of $ 1.40. (1) Given a 95% confidence interval for the average amount in any savings accounts at a bank in the given region.

Jun 11, 2022
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