Bachelor degree in economics, Basic Statistics

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Bachelor degree in economics

The monthly incomes for 12 randomly selected people, each with a bachelor's degree in economics, are shown on the right.

Assume the population is normally distributed.

4450.84 4596.18 4366.39

4455.97 4151.73 3727.62

4283.79 4527.52 4407.53

3946.81 4023.58 4221.87

a) Find the sample mean(round to one decimal)

b) Find the sample standard deviation(round to one decimal)

c) Construct a 99% confidence interval for the population mean, (____,____)

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Basic Statistics: Bachelor degree in economics

Reference No:- TGS0718728

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Basic Statistics: Bachelor degree in economics

Reference No:- TGS0718728

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

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Basic Statistics: Bachelor degree in economics

Reference No:- TGS0718728

Recent Questions Asked Basic Statistics

Q : First minimum of the diffraction pattern

Q : What is the growth rate available for stone cold

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