Determine confidence interval for the population mean


A random sample of 100 customers, who visited a department store, spent an average of $77 at this store with a sample standard deviation of $19. The 98% confidence interval for the population mean is:

  1. 32.73 and 121.27
  2. 76.56 and 77.44
  3. 73.28 and 80.72
  4. 72.57 and 81.43

 

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Basic Statistics: Determine confidence interval for the population mean
Reference No:- TGS0114184

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