Determine the number of days


A researcher wishes to determine the number of days it takes an automobile dealer to sell a Chevrolet Aveo. A sample of 50 cars had a mean time one the dealer's lot of 54 days. Assume the population standard deviation to be 6.0 days. Find the best point estimate of the population mean and the 95% confidence interval of the population mean.

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Basic Statistics: Determine the number of days
Reference No:- TGS0867816

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