MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The union for a particular industry has determined that the standard deviation of the daily wages of its workers is $21. A random sample of 90 workers in this
industry has a mean daily wage of $117. Find a 95% confidence interval for the true mean daily wage of all union workers in the industry. Then give its lower
limit and upper limit.
Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (If necessary, consult a list of formulas.)
Lower limit:|
Upper limit:
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Transcribed Image Text:The union for a particular industry has determined that the standard deviation of the daily wages of its workers is $21. A random sample of 90 workers in this industry has a mean daily wage of $117. Find a 95% confidence interval for the true mean daily wage of all union workers in the industry. Then give its lower limit and upper limit. Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (If necessary, consult a list of formulas.) Lower limit:| Upper limit:
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