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A Sample of 32 Orders for a Home Shopping Channel $78.25±$37.50\$ 78.25 \pm \$ 37.50

Question 17

Multiple Choice

A sample of 32 orders for a home shopping channel has an average of $78.25.The standard deviation for all orders (the population) is $37.50.A 90% confidence interval around this sample mean would be:


A) $78.25±$37.50\$ 78.25 \pm \$ 37.50
B) $78.25±$10.87\$ 78.25 \pm \$ 10.87
C) $78.25±$6.63\$ 78.25 \pm \$ 6.63
D) $37.50±$6.63\$ 37.50 \pm \$ 6.63
E) $37.50±$1.64\$ 37.50 \pm \$ 1.64

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