Posted by **Vicki** on Wednesday, November 9, 2011 at 10:11pm.

A random sample of greeting cards is a mean value of $2.55 and a standard deviation of $0.44 So construct a 95% confidence interval estimate of the mean value of all cards in the store's inventory. So if the 2500 cards in the inventory then how are the results in assisting the owner to estimate the total value of the inventory?

## Answer this Question

## Related Questions

- statistics - what are the mean and standard deviation of a sampling distribution...
- statistics - 1. A random sample of size 49 is taken from a large population, ...
- Statistics - Please help!! I have no idea how to do this question. 14. A sample ...
- statistics - A random sample of size 49 is taken from a large population, ...
- Stats - A random sample of 100 GMAT scores has a mean of 500. Assume that GMAT ...
- Statistics - These are the only ones that I am having problems with. Please help...
- Business Statistics - The U.S. Dairy Industry wants to estimate the mean yearly ...
- Statistics - An admissions director wants to estimate the mean age of all ...
- Statistics - It is known that the amount of time needed to change the oil in a ...
- statistics - A bus company official wanted to estimate the mean time for the ...