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3 A home furnishings store that sells bathroom furniture is conducting an end of month...

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3 A home furnishings store that sells bathroom furniture is conducting an end of month inventory of the beds mattress bed have 95 confidence that her estimate of the mean value is correct to within 95 On the basis of past experience she estimates that spring and frame in stock An auditor for the store wants to estimate the mean value of the beds in stock at that time She wants to the standard deviation of the value of a bed is 150 a How many beds should she select b Using the sample size selected in a an audit was conducted with the following results X 1 654 27 S 184 62 Construct a 99 CIE for population Mean Formula Graph Critical Values C L E

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