Textbook ExpertVerified Tutor
15 Nov 2021
Given information
Mean offer price =$18.00; The sample size(n)=15;
Step-by-step explanation
Step 1.
The sample mean for $17.00;$23.00;$14.00;$16.00;$12.00;$26.00;$20.00;$22.00;$14.00;$15.00;$22.00;$18.00;$18.00;$21.00;$21.00;
(17.00+23.00+14.00+16.00+12.00+26.00+20.00+22.00+14.00+15.00+22.00+18.00+18.00+21.00+21.00)/15;
The sample standard deviation(s); (s)=1.21;
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