FlexEssays-essays

The standard deviation of the daily demand for a product is an important factor for inventory control for the product.

The standard deviation of the daily demand for a product is an important factor for inventory control for the product. Suppose that a pharmacy wants to estimate the standard deviation of the daily demand for a certain antibiotic. It is known that the daily demand for this antibiotic follows an approximately normal distribution. A random sample of 15 days has a sample mean of 121 orders for this antibiotic with a standard deviation of 10.5 orders. Find a 90% confidence interval for the population standard deviation of the daily demand for this antibiotic. Then complete the table below.Carry your intermediate computations to at least three decimal places. Round your answers to at least two decimal places..

Buy an Essay Online from Professional Assignment Writers. All our papers are written from scratch. We work on all types of assignments -irrespective of their difficulty or academic level. We handle small and medium sized papers, a few pages long essays, research papers, as well as full-scale dissertations/theses and coursework.

Need Help Writing an Essay?

Tell us about your assignment and we will find the best writer for your project

Get Help Now!

Achieve outstanding grades by entrusting your assignments to our experienced writers!

PLACE YOUR ORDER