Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 25 Oct 2017 My Price 6.00

file entitled Clothing

7-17. The file entitled Clothing contains the monthly retail sales ($millions) of U.S. women’s clothing stores for

 

70 months. A sample taken from this population to estimate the average sales in this time period follows:

 

 

 

 

 

2,942    2,574    2,760    2,939    2,642    2,905    2,568

 

2,677    2,572    3,119    2,697    2,884    2,632    2,742

 

2,671    2,884    2,946    2,825    2,987    2,729    2,676

 

2,846    3,112    2,924    2,676

 

 

 

 

 

a. Calculate the population mean. b. Calculate the sample mean.

 

c. How much sampling error is present in this sample?

 

d. Determine the range of possible sampling error if

25 sales figures are sampled at random from this population

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Oct 2017 02:10 PM My Price 6.00

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