Multiple Choice
Exhibit 8-2
The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customers to check out was 3.0 minutes. It is known that the standard deviation of the checkout time is one minute.
-Refer to Exhibit 8-2. With a .95 probability, the sample mean will provide a margin of error of
A) 0.95
B) 0.10
C) .196
D) 1.96
Correct Answer:

Verified
Correct Answer:
Verified
Q42: A random sample of 100 credit sales
Q47: The z value for a 97.8% confidence
Q62: A coal company wants to determine a
Q77: A random sample of 144 observations has
Q111: A random sample of 81 students at
Q112: A simple random sample of 25 items
Q113: The makers of a soft drink want
Q114: A marketing firm is developing a new
Q115: A manufacturer wants to estimate the proportion
Q116: A local hotel wants to estimate the