Examlex

Solved

The Following MINITAB Output Presents a 95% Confidence Interval Fill in the Blanks: We Are______ Confident That the Population

question 16

Multiple Choice

The following MINITAB output presents a 95% confidence interval.

 The assumed sigma =10.0830 Variable N Mean  SE Mean 95%CIx5948.8431.3127(46.270,51.416) \begin{array} { c c c c c } \hline { \text { The assumed sigma } = 10.0830 } & \\\\\text { Variable } & \mathrm { N } & \text { Mean } & \text { SE Mean } & 95 \% \mathrm { CI } \\\mathrm { x } & 59 & 48.843 & 1.3127 & ( 46.270,51.416 ) \\\hline\end{array}

Fill in the blanks: We are______ confident that the population mean is between ________and________


Definitions:

Consumer Tastes

Preferences or inclinations of consumers that influence their buying behavior and decisions.

Legislative Changes

Amendments or introductions of new laws and regulations by a governing body.

Target Market

The specific group of consumers at which a company aims its products and services.

Related Questions