What is the width of ninety nine percent confidence interval, Basic Statistics

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What is the width of ninety nine percent confidence interval

An economist is interested in studying the spending habits of consumers in a particular region. The population variance is known to be $1,000,000. A random sample of 50 individuals resulted in an average expense of $15,000. What is the width of the 99% confidence interval?

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Basic Statistics: What is the width of ninety nine percent confidence interval

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Basic Statistics: What is the width of ninety nine percent confidence interval

Reference No:- TGS0100131

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Recent Questions Asked Basic Statistics

Q : Build positive relationships with customers

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Ask an Expert for Answer!!

Basic Statistics: What is the width of ninety nine percent confidence interval

Reference No:- TGS0100131

Recent Questions Asked Basic Statistics

Q : Build positive relationships with customers

Q : The vice-president for finance decided to invest $

Q : What will be the dividend yield today

Q : What are the creditors'' claims on their assets

Q : What is the width of ninety nine percent confidence interval

Q : Three levers of behavioral control

Q : How does an investigator ensure that federal rules

Q : What is in the paired chromosomes

Q : Fixed gold standard and the discoveries of gold

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