An Excel Printout of the Descriptive Measures of Daily Checking

question 38

Short Answer

An Excel printout of the descriptive measures of daily checking account balances in dollars) of customers of First Daisy Bank is shown below. Develop a 95% confidence interval estimate for the mean of the population of the checking balances.
Account Balance Information
$\begin{array}{ll}\text { Mean } & 4828.29 \\\text { Median } & 5115.25 \\\text { Mode } & 4976.50\\\text { Standard Deviation } & 1143.57 \\\text { Sample Variance } & 1307763.49 \\\text { Kuitosis } & 8.63 \\\text { Skewness } & -3.06\\\text { Range } & 4968.50 \\\text { Minimum } & 600.00 \\\text { Maximum } & 5568.50 \\\text { Sum } & 173818.50 \\\text { Count } & 36 .00\end{array}$

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