Salaries of 11 college graduates who took a statistics course in college have a mean of $76, 896 and a standard deviation of $1,005. Assume that prior studies have shown that the standard deviation of salaries of college graduates who have taken a statistics course in college is $2000. Construct a 95% confidence interval for estimating the population mean. Enter the upper bound of the confidence interval. ( Round your answer to nearest whole dollar.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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Salaries of 11 college graduates who
took a statistics course in college
have a mean of $76, 896 and a
standard deviation of $1,005.
Assume that prior studies have
shown that the standard deviation of
salaries of college graduates who
have taken a statistics course in
college is $2000. Construct a 95%
confidence interval for estimating the
population mean. Enter the upper
bound of the confidence interval. (
Round your answer to nearest whole
dollar.)
Transcribed Image Text:Salaries of 11 college graduates who took a statistics course in college have a mean of $76, 896 and a standard deviation of $1,005. Assume that prior studies have shown that the standard deviation of salaries of college graduates who have taken a statistics course in college is $2000. Construct a 95% confidence interval for estimating the population mean. Enter the upper bound of the confidence interval. ( Round your answer to nearest whole dollar.)
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