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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 (23.99 KiB) Viewed 32 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 population values useful for decision making. You considered a random sample of 44 of the accounts and obtained a mean of $151.24 and a standard deviation of $46.24. Assuming normality for the distribution of amounts in the accounts receivable, estimate the lower end point in a 96% confidence interval for the total amount of the 770 accounts of the company