Multiple Choice
Chen Inc.wants to estimate the TOTAL processing time for 2000 current orders.You take a simple random sample of 40 orders, and determine the average processing time required for the orders in the sample is 6.5 hours, with a sample standard deviation of 1.6 hours.Build the 95% confidence interval estimate of the TOTAL processing time required for these 2000.Show the upper bound for your interval.
A) 14,826
B) 11,062
C) 12,672
D) 14,000
E) 16,243
Correct Answer:
Verified
Correct Answer:
Verified
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