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Collete is self-employed, selling stamps at home parties. She wants to estimate the average amount a client spends at each party. A random sample of 35 clients' receipts gave a mean of $34.70 with standard deviation s= $4.85.

a. Find a 90% confidence interval for the average amount spent by all clients

b. What conditions are necessary for your calculations?

b. For a party with 35 clients, use part (a) to cstimate a range of dollar values for Collete's total sales at that party.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9113908

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