The owner of a factory wants to determine a confidence interval for the average wages at his factory. The population average wages is unknown. However, the owner was able to take a random sample of 64 workers. He found that the average salary for this sample of workers is $50,000. The population standard deviation is $3000. He calculated a 99% confidence interval for the population average wages at the factory. Which of the following choices is correct? Assume the distribution of wages is normally distributed.

Question

04-12-2022
Mathematics

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The owner of a factory wants to determine a confidence interval for the average wages at his factory. The population average wages is unknown. However, the owner was able to take a random sample of 64 workers. He found that the average salary for this sample of workers is $50,000. The population standard deviation is $3000. He calculated a 99% confidence interval for the population average wages at the factory. Which of the following choices is correct? Assume the distribution of wages is normally distributed.

Sagot :

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