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An Auditor for a Large Oil Corporation Has Taken a Random

Question 59

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An auditor for a large oil corporation has taken a random sample of monthly credit card charges for 32 individual (non-corporate) accounts.She found a mean of $81.76.Assume that the population standard deviation is 48.2.A 98% confidence interval estimate for the population mean of individual credit card charges would be:


A) 81.76 ±\pm 19.89.
B) 81.76 ±\pm 16.72.
C) 81.76 ±\pm 112.94.
D) 81.76 ±\pm 22.0.
E) 81.76 ±\pm 2.33.

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