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the police department in your city was asked by the mayor's office to estimate the cost of

the police department in your city was asked by the mayor's office to estimate the cost of

the police department in your city was asked by the mayor's office to estimate the cost of crime. the police began their study with burglary records, taking a random sample of 500files since there were too many crime records to calculate statistics for all of the crimes committed. if the average dollar loss in a buglary, for this sample size 500 is $678 with a standard deviation of $560, construct the 95% confidence interval for the true average dollar loss in burglaries rounded to the nearest dollar amount. we can be 95% confident that the lower limit of our interval of dollar loss in crimes committed is?

Abhinav 02-Dec-2019

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