Standard deviation of the sample related problem


A recent survey of 50 executives who were laid off from their previous position revealed it took a mean of 26 weeks for them to find another position. The standard deviation of the sample was 6.2 weeks. Construct a 95 percent confidence interval for the population mean. Is it reasonable that the population mean is 28 weeks? Justify your answer. (the formula excersice in excel)

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Basic Statistics: Standard deviation of the sample related problem
Reference No:- TGS0119376

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