37 3 ut of At your part-time job in the office, your manager requested that you examine all accounts receivable of the c
Posted: Tue Apr 26, 2022 6:22 pm
37 3 ut of 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 50 of the accounts and obtained a mean of $147.43 and a standard deviation of $48.25. Assuming normality for the distribution of amounts in the accounts receivable, estimate the lower end point in a 95% confidence interval for the total amount of the 882 accounts of the company. a uestion