Your Operations Manager has sample data for 100 competitors. She asks you to estimate the mean time-to-buy products with a 95% confidence level for the competition. Use a mean of 50 and the standard deviation is 10. Provide thelowerconfidence interval? Add your answer Integer, decimal, or E notation allowed

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 3GP
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Your Operations Manager has sample data for 100 competitors. She asks you to estimate the mean time-to-buy products with a
95% confidence level for the competition. Use a mean of 50 and the standard deviation is 10. Provide thelowerconfidence interval?
Add your answer
Integer, decimal, or E notation allowed
Continue
Transcribed Image Text:Your Operations Manager has sample data for 100 competitors. She asks you to estimate the mean time-to-buy products with a 95% confidence level for the competition. Use a mean of 50 and the standard deviation is 10. Provide thelowerconfidence interval? Add your answer Integer, decimal, or E notation allowed Continue
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