To estimate average daily sales Chris took a random sample of 18 days of sales and found that the mean amount of sales per day was $1795 with a standard deviation of $132.
Assuming that daily sales is normal Chris is 95% confident that the average daily sales is between:
$1729 and $1861 |
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$1734 and $1856 |
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$1727 and $1863 |
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$1741 and $1849 |
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