A Simple Random Sample of 36 Items Resulted in a Sample

question 126

Short Answer

A simple random sample of 36 items resulted in a sample mean of 40 and a standard deviation of 12. Construct a 95% confidence interval for the population mean.

---

Definitions:

Donations

Voluntary gifts of money or other resources given by individuals or organizations to support various causes or charities.

Sales Ratio

A measure comparing two sales figures or quantities to evaluate performance, trends, or relationships.

Recorded Sales

The total sales transactions documented within a given period, typically used for financial and inventory tracking.

Ratio of Goals

A quantitative relationship between achieved goals and targeted goals, often used in performance measurement.