Solved

A Random Sample of 60 People Revealed It Took an Average

Question 120

Short Answer

A random sample of 60 people revealed it took an average of 55 minutes with a standard deviation of 10 minutes for a person to complete a loan application at the bank. Construct a 90% confidence interval for A random sample of 60 people revealed it took an average of 55 minutes with a standard deviation of 10 minutes for a person to complete a loan application at the bank. Construct a 90% confidence interval for   , the true time it takes any person to complete the loan form. ______________ , the true time it takes any person to complete the loan form.
______________

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents