Is this asking for the confidence interval? If so, how to calculate?
A company that produces universal remote controls wanted to determine the number of remote control devices American homes contain. The company hired a statistician to survey 240 randomly selected homes and determine the number of remote controls. If there are 100 million households, estimate with 99% confidence the total number of remote controls in the United States. (Given data: sample mean=4.6625 and sample deviation=2.367548 )
A company that produces universal remote controls wanted to determine the number of remote control devices American homes contain. The company hired a statistician to survey
1 Answer
Dec 3, 2017
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