An economist is interested in studying the incomes of consumers in a particular country. The population standard deviati
Posted: Wed Jul 06, 2022 12:09 pm
An economist is interested in studying the incomes of consumers in a particular country. The population standard deviation is known to be RM1,400. A random sample of 67 individuals resulted in a mean income of RM12,300. What is the upper end point in a 90% confidence interval for the average income? Round off your answer to the nearest decimal. A. RM12,393 B. RM12,444 C. RM12,519 D. RM12,581