A simple random sample of 50 calls is monitored at an in bound call center and

# A simple random sample of 50 calls is monitored at an

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2.A simple random sample of 50 calls is monitored at an in-bound call center and the average length of the calls is 6.5 minutes. The population standard deviation σ is unknown. Instead the sample standard deviation s is also calculated from the sample andis found to be 4.5 minutes. (6 points)a.Construct a 99% confidence interval (using the t-distribution) for the average length of inbound calls. b.What is the margin of error at the 95% confidence level? 3 BUSI1013 PAMELLA MITCHELL UNIT 6 EXERCISE MAY 17, 2019 c.Do we need to make any assumption on the distribution of the length of in-bound calls at this call center? Why or why not 2.Use the data in BUSI1013 Bank Dataset.xlsx(from Unit 1 Exercise Question 2) to answer this question. (4 points)a.Construct a 95% confidence interval for the mean increase in deposits. Note that the population standard deviation σ is not known in this case. Instead the sample standard deviation s should be calculated from the sample and the t distribution should be used.  • • • 