Multiple Choice
In an examination of holiday spending (known to be normally distributed) of a sample of 16 holiday shoppers at a local mall, an average of $54 was spent per hour of shopping. Based on the current sample, the standard deviation is equal to $21. Find a 90% confidence interval for the population mean level of spending per hour.
A) [$44.83, $63.17]
B) [$44.79, $63.20]
C) [$45.36, $62.63]
D) [$46.96, $61.04]
Correct Answer:

Verified
Correct Answer:
Verified
Q68: The starting salary of business students in
Q69: A large city recently surveyed 1,354 streetlights,
Q70: A job candidate with an offer from
Q71: A car dealership wants to estimate the
Q72: A sample of 2,007 American adults was
Q74: When the required sample size calculated by
Q75: A politician wants to estimate the percentage
Q76: A sample of a given size is
Q77: A large university is interested in the
Q78: For a given confidence level and population