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A random sample of 100 credit sales in a department store showed an average sale of $120.00.From past data, it is known that the standard deviation of the population is $40.00.
a.
Determine the standard error of the mean.
b.
With a .95 probability, determine the margin of error.
c.
What is the 95% confidence interval of the population mean?
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A major part of the central nervous system which extends from the base of the brain through the vertebral canal and is responsible for transmitting nerve signals between the brain and the rest of the body.
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The process by which the body becomes less responsive to a substance (such as a drug) or a stimulus after repeated exposure.
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A reduction in the ability to remember information or events, which can be temporary or permanent.
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