Estimate for mean of population of the checking balances


An Excel printout of the descriptive measures of daily checking account balances (in dollars) of customers of First Daisy Bank is shown below. Develop a 95% confidence interval estimate for the mean of the population of the checking balances.

Account Balance Information

Mean

4828.29

Median

5115.25

Mode

4976.50

Standard Deviation

1143.57

Sample Variance

1307763.49

Kurtosis

8.63

Skewness

-3.06

Range

4968.50

Minimum

600.00

Maximum

5568.50

Sum

173818.50

Count

36.00

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Basic Statistics: Estimate for mean of population of the checking balances
Reference No:- TGS0689538

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