university of southern california Operations And Supply Chain Management Assignment Help - Derivatives-A random
Question - The monthly incomes from a random sample of workers in a factory are shown below. Monthly Income (In $1,000) 4.0 5.0 7.0 4.0 6.0 6.0 7.0 9.0 a. Compute the standard error of the mean (in dollars). b. Compute the margin of error (in dollars) at 95% confidence. c. Compute a 95% confidence interval for the mean of the population. Assume the population has a normal distribution. Give your answer in dollars.
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