Multiple Choice
A major electronics store chain is interested in estimating the average amount its credit card customers spent on their first visit to the chain's new store in the mall.Fifteen credit card accounts were randomly sampled and analyzed with the following results: = $50.50 and s2 = 400.A 95% confidence interval for the average amount the credit card customers spent on their first visit to the chain's new store in the mall is:
A) $50.50 -$9.09.
B) $50.50 - $10.12.
C) $50.50 - $11.08.
D) None of these choices.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: A pharmaceutical company has just developed a
Q47: A random sample of size 15 taken
Q50: To estimate the total number of
Q52: Concert Tickets<br>A simple random sample of
Q53: In selecting the sample size to
Q59: New Mousetrap<br> After a financial analysis,the general
Q60: Based on sample data,the 90% confidence
Q120: Hourly Fees <br>A random sample of
Q136: Energy Drink Consumption<br> A researcher at the
Q141: Marketing segmentation separates consumers of a product