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    fefe4014 Posts: 3, Reputation: 1
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    #1

    Mar 26, 2008, 06:28 PM
    interval estimation
    I'm having a hard time with this problem

    they only tell me the sample #= 60
    N=60
    X=?
    Sigma=?
    standard deviation=?

    they want me to find the a point estimate of the mean hourly pay rate for the population of production workers?

    they want to know the standard deviation?

    they want to know the 95% confidence interval...

    I know how to work these problems out because I did the rest of my homework problems
    but this problem doesn't tell me all the info I need to know to figure out the problem...

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