The starting salary of business students in a university is known to be normally distributed. A random sample of 18 busi
Posted: Wed May 11, 2022 8:01 am
The starting salary of business students in a university is
known to be normally distributed. A random sample of 18 business
students results in a mean salary of $46,500 with a standard
deviation of $10,200. Construct the 80% confidence interval for the
mean starting salary of business students in this university. Round
your answers to 2 decimal places.
Margin of error?
LCL?
UCL?
known to be normally distributed. A random sample of 18 business
students results in a mean salary of $46,500 with a standard
deviation of $10,200. Construct the 80% confidence interval for the
mean starting salary of business students in this university. Round
your answers to 2 decimal places.
Margin of error?
LCL?
UCL?