A simple random sample of 100 households located in a city recorded the number of people living in the household, X, and the weekly expenditure for food, Y . It is known that there are 100,000 households in the city. In the sample
Neglect the finite population correction in answering the following.
a. Estimate the ratio r = μy/μx .
b. Form an approximate 95% confidence interval for μy/μx .
c. Using only the data on Y estimate the total weekly food expenditure, τ , for households in the city and form a 90% confidence interval.
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