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A random sample of size 82 was taken to estimate the mean annual income of 500 families and the mean and SD were found to be Rs.7500 and Rs.80 respectively. What is upper confidence limit to the average income of all the families when the confidence level is 90 percent?a)Rs.7600b)Rs.7582c)Rs.7520.98d)Rs.7522.93Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A random sample of size 82 was taken to estimate the mean annual income of 500 families and the mean and SD were found to be Rs.7500 and Rs.80 respectively. What is upper confidence limit to the average income of all the families when the confidence level is 90 percent?a)Rs.7600b)Rs.7582c)Rs.7520.98d)Rs.7522.93Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A random sample of size 82 was taken to estimate the mean annual income of 500 families and the mean and SD were found to be Rs.7500 and Rs.80 respectively. What is upper confidence limit to the average income of all the families when the confidence level is 90 percent?a)Rs.7600b)Rs.7582c)Rs.7520.98d)Rs.7522.93Correct answer is option 'C'. Can you explain this answer?.

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