• Card 39 / 180: The average monthly cell phone bill of a random sample of 256 residents of a city is $90 with a sample standard deviation of $24. What will be the 90% confidence interval for the mean monthly phone bills of all residents?
    A) $87.53 to $92.48
    B) $87.06 to $92.94
    C) $50.40 to $129.60
    D) $42.96 to $137.04

    Answer:
    A) $87.53 to $92.48

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Business Statistics

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Attribution:  David T. Bourgeois, PhD; Bharatendra K. Rai, PhD. Business Statistics. The Saylor Academy 2014, http://www.saylor.org/courses/bus204/
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