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Instruction 8-1 A Random Sample of 100 Stores from a Large Chain

Question 43

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Instruction 8-1
A random sample of 100 stores from a large chain of 1,000 garden supply stores was selected to determine the average number of lawnmowers sold at an end-of-season clearance sale. The sample results indicated an average of 6 and a standard deviation of 2 lawnmowers sold. A 95% confidence interval (5.623 to 6.377) was established based on these results.
-Referring to Instruction 8-1,if the population had consisted of 10,000 stores,the confidence interval estimate of the mean would have been wider in range.

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