The following data represent a random sample of bank balance…
The following data represent a random sample of bank balances for a population of checking account customers at a large eastern bank. $2,300 $756 $325 $1,457 $208 $2,345 $1,560 $124 $356 $3,179 $457 $789 $120 $2,760 $998 $508 $210 $789 Using this sample, the mean is found to be $1,069 and the sample standard deviation is $974.0924. Based on these data, what is the 95 percent confidence interval estimate for the true population mean?
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Given a normal distribution with a mean of 100 and a standard deviation of 10, which of the following is the closest to the two X values (symmetrically distributed around the mean) that have 95% of the possible X values between them ?
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