A sample of 300 orders for take-out food at a local pizzeria found that the average cost of an order was $23 with s-$15. a) Find the margin of error for this result if you want a 95% confidence interval for the average cost of an order. Interpret for the management the margin of error. If we need to be 99% confidence, does the margin of error become larger or smaller? Find the margin of error for a 99% confidence interval. b) c) d)
A sample of 300 orders for take-out food at a local pizzeria found that the average cost of an order was $23 with s-$15. a) Find the margin of error for this result if you want a 95% confidence interval for the average cost of an order. Interpret for the management the margin of error. If we need to be 99% confidence, does the margin of error become larger or smaller? Find the margin of error for a 99% confidence interval. b) c) d)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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