Bana 3363 test questons - Study guides, Class notes & Summaries
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BANA 3363 TEST QUESTONS WITH REVISED AND UPDATED ANSWERS ALL CORRECT
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BANA 3363 TEST QUESTONS WITH REVISED AND UPDATED ANSWERS ALL CORRECT 
A simple random sample of 10 items resulted in a sample mean of 10. The population standard deviation is 5. Round your answers to two decimal places. 
a.	What is the standard error of the mean, ? 
b.	At 95% confidence, what is the margin of error? - Answer-A. 1.58 
b. 3.09 
 
A simple random sample of 60 items resulted in a sample mean of 80. The population standard devidation is 15. 
A.	compute the 95% confidence interval f...
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