The ability of an interval estimate to contain the value of the population parameter is described by the
a. confidence level.
b. degrees of freedom.
c. precise value of the population mean ?.
d. point estimate.
a
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A random sample of 81 children with working mothers showed that they were absent from school an average of 6 days per term with a standard deviation of 1.8 days. Provide a 95% confidence interval for the average number of days absent per term for all the children
Bob Wright owned 100 shares of Lawson Company's convertible preferred stock at $10 par value. He converted each share of preferred stock into three shares of common stock. Compute the number of shares of common stock Bob Wright received when he converted the shares