In: Statistics and Probability
ANSWER:
Given information is Salespersonnel for Skillings Distributors submit weekly reports listingthe customer contacts made during the week. A sample of 65(n)weekly reports showed a sample mean of 19.5(x-bar) customercontacts per week. The sample standard deviation was5.2(s).
The formula forcalculating 90% confidence intervals for the population meannumber of weekly customer contacts for the sales personnel is givenby
here tα/2,n-1 =t0.1/2,65-1 = 1.66
Substitute the values we have
Similarly for 95% we have
here tα/2,n-1 =t0.05/2,65-1
=1.99 [t-table
valueat 95% CI]
Substitute the values wehave
(OR) TRY THIS SIMPLY WAY
Confidence Interval -
90% CI - (18.44,20.56)
95% CI - (18.23,20.76).
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