The following data represent a random sample of bank balances for a population of checking account customers at a large eastern bank.Based on these data,what is the 95 percent confidence interval estimate for the true population mean?
A)Approximately $1,069 ± $484.41
B)About $839.40 to $1,298.60
C)Approximately $1,069 ± 2.1098
D)None of the above.

Question

The following data represent a random sample of bank balances for a population of checking account customers at a large eastern bank.Based on these data,what is the 95 percent confidence interval estimate for the true population mean? 
A)Approximately $1,069 ± $484.41 
B)About $839.40 to $1,298.60 
C)Approximately $1,069 ± 2.1098 
D)None of the above.

Quizplus · Accepted Answer

The Answer of The following data represent a random sample of bank balances for a population of checking account customers at a large eastern bank.Based on these data,what is the 95 percent confidence interval estimate for the true population mean? 
A)Approximately $1,069 ± $484.41 
B)About $839.40 to $1,298.60 
C)Approximately $1,069 ± 2.1098 
D)None of the above.

The Following Data Represent a Random Sample of Bank Balances