Below is budgeted production and sales information for Bluebird Company for the month of December: 
The unit selling price for product XXX is $5 and for product ZZZ is $14.
Budgeted production for product ZZZ during the month is
Definitions:
Interval Estimate
An estimate of a population parameter given as a range (interval) of values, defined by upper and lower bounds.
Sample Size
The number of observations or datapoints collected in a sample, which is a subset of the population being studied.
Population Mean
The average or central value of all the numbers in a population.
Standard Deviation
A statistic that quantifies the dispersion or variability of a distribution, calculated as the square root of the variance.
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