Grace Floral Shop claims that their average daily earnings is $497. An auditor wants todetermine whether this claim is true. The auditor randomly selected a sample of 100 days and found that the...



Grace Floral Shop claims that their average daily earnings is $497. An auditor wants todetermine whether this claim is true. The auditor randomly selected a sample of 100 days and found that the sample mean earnings was $495 with a sample standard deviation of 9.75.
a) Calculate the 97% confidence interval for the population mean daily earning.





Jun 01, 2022
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