Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / The accompanying data contains the monthly retail sales ($ millions) of a large country's women's clothing stores for 70 months

The accompanying data contains the monthly retail sales ($ millions) of a large country's women's clothing stores for 70 months

Statistics

The accompanying data contains the monthly retail sales ($ millions) of a large country's women's clothing stores for 70 months. A sample taken from this population to estimate the average sales in this time period is shown below.

2.339 3.059 2.992 2.663 2.949 2.391 2.433 2,597 2,440 2,603 3,082 3,98 2,396 2,510 2,9633,194 2,537 2,426 3,173 3,160 2,482 3,050 2,476 2,771 3,153 2,409 3,116 2,530 2,702 3,024 2,625 3,141 3,082 3,134 2,957 3,195 2,458 2,737 2,960 2,837 2,667 2,578 2,369 2,805 3,139 2,853 3,091 3,043 2,875 2,614 2,909 2,979 2,874 ,378 2,864 3,018 2,922 2,560 2,721 2,879 2,485 3,113 3,105 2,627 3,188 3,152 2,354 2,473 2,764 3,210

a. Calculate the population mean. (Round to two decimal places as needed.)

b. Calculate the sample mean. (Round to two decimal places as needed.)

c. How much sampling error is present in this sample? (Round to two decimal places as needed.)

Option 1

Low Cost Option
Download this past answer in few clicks

2.88 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

Related Questions