Page 1 of 1
At your part-time job in the office, your manager requested that you examine all accounts receivable of the company, and
Posted: Tue Apr 26, 2022 6:19 pm
by answerhappygod
- At Your Part Time Job In The Office Your Manager Requested That You Examine All Accounts Receivable Of The Company And 1 (234.73 KiB) Viewed 38 times
At your part-time job in the office, your manager requested that you examine all accounts receivable of the company, and then to take a random sample of them to provide her with estimates of the a population values useful for decision making. You considered a random sample of 48 of the accounts and a obtained a mean of $138.55 and a standard deviation of $50.28. Assuming normality for the distribution of amounts in the accounts receivable, estimate the upper end point in a 90% confidence interval for the total amount of the 805 accounts of the company.