A study was done to determine the average number of homes that a homeowner owns

Statistics
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A study was done to determine the average number of homes that a homeowner owns in his or her lifetime. For the 60 homeowners surveyed, the sample average was 4.2 and the population standard deviation was 2.1. Calculate the 95% confidence interval for the true average number of homes that a person owns in his or her lifetime

Jun 22nd, 2015

Thank you for the opportunity to help you with your question!

for 95% confidence interval , k = 1.96 

the interval is 

(4.2-1.96*2.1, 4.2+1.96*2.1) = (0.084, 8.32)

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Jun 22nd, 2015

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Jun 22nd, 2015
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Jun 22nd, 2015
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