A Local Retail Company Wants to Estimate the Mean Amount

question 2

Multiple Choice

A local retail company wants to estimate the mean amount spent by customers. Their store's budget limits the number of surveys to 225. What is their maximum error of the estimated mean amount spent for a 99% level of confidence and an estimated standard deviation of $10.00?

• A)$10.00
• B)$1.00
• C)1%
• D)$1.72

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Definitions:

Motor Nervous System

Part of the nervous system responsible for controlling voluntary muscle movements in the body.

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brainstem down the back, transmitting neural signals between the brain and the rest of the body.

Interneurons

A type of neuron that serves the role of communication between sensory neurons and motor neurons, mostly located within the central nervous system.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for action by triggering the fight or flight response.