having trouble with number 6 and 7 05934 B 00934 C 04066 D 0
 having trouble with number 6 and 7
Solution
6. Sample Mean = $ 3120
our confidence interval is = 95%
=> df = (total number of workers - 1) = 20-1 = 19
now we\'ll use the t table and select the colume with the confidence interval of 95% and go down the colume and select the element where df is = 19
=> the t value is = 2.093
now the standard error E is = (t*standard deviation)/sqrt(sample size)
E = (2.093*677)/sqrt(20) = 316.842
95% CI: 3120-E < u < 3120-E
95% CI: 3120-316.842 < u < 3120+316.842
95% CI: 2803.158 < u < 3436.842
We are 95% confident the annual earning mean is between 2803.158 and 3436.842
or (2803 , 3437) . Hence option B is correct

