A random sample of 10 samsung Galaxy smartphones being sold over the internet in 2013 had the prices below (in dollars). Assume O 86, 199 169 249 329 269 135 349 299 249 149 a) What is the point estimate for all Samsung Galaxy Smartphne of the same brand sold in 2013? b) What is the appropriate standard deviation to use in computing the confidence interval? c) Caloulate the appropriate crtical value ( Z or t ) at 93% confidence level d) Calculate the margin of error for 93% Confidence level e) Compute the S93% confidence Interval for the mean price of all Samsung Galaxy Smartphne of the same brand sold in 2013?

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keep final answer in four decimal places when possible 

A random sample of 10 samsung Galaxy smartphones being sold over the internet in 2013 had the
prices below (in dollars). Assume O
86,
199
169
249
329
269
135
349
299
249
149
a) What is the point estimate for all Samsung Galaxy Smartphne of the same brand sold in 2013?
b) What is the appropriate standard deviation to use in computing the confidence interval?
c) Caloulate the appropriate crtical value ( Z or t
) at 93% confidence level
d) Calculate the margin of error for 93% Confidence level
e) Compute the S93% confidence Interval for the mean price of all Samsung Galaxy Smartphne of
the same brand sold in 2013?
Transcribed Image Text:A random sample of 10 samsung Galaxy smartphones being sold over the internet in 2013 had the prices below (in dollars). Assume O 86, 199 169 249 329 269 135 349 299 249 149 a) What is the point estimate for all Samsung Galaxy Smartphne of the same brand sold in 2013? b) What is the appropriate standard deviation to use in computing the confidence interval? c) Caloulate the appropriate crtical value ( Z or t ) at 93% confidence level d) Calculate the margin of error for 93% Confidence level e) Compute the S93% confidence Interval for the mean price of all Samsung Galaxy Smartphne of the same brand sold in 2013?
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