In: Math
Question 3 [25]
OK furniture store submit weekly records the number of customer
contacts contacted per week. A sample of 50 weekly reports showed a
sample mean of 25 customer contacts per week. The sample standard
deviation was 5.2. (Show all your works)
a) Compute the Margin of error at 0.05 significant level
b) Provide a 95% confidence interval for the population mean.
c) Compute the Margin of error at 0.01 significant level
d) Provide a 99% confidence interval for the population mean.
e) With a 0.99 probability, what size of sample should be taken if
the desired margin of error is 1.5