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A simple random sample of 59 colleges and universities in the United State had a mean tuition of $18,661 with a standard deviation of $9,031. a. Construct a 83% confidence interval for the mean tuition for all colleges and universities in the United States. Please round the answers to 3 decimal places Critical value: 2 or t* = Margin of Error: E = Confidence Interval: [ (Enter the positive one.) b. Interpret your result in part (a) in a complete sentence.

A simple random sample of 59 colleges and universities in the United State had a mean tuition of $18,661 with a standard deviation of $9,031. a. Construct a 83% confidence interval for the mean tuition for all colleges and universities in the United States. Please round the answers to 3 decimal places Critical value: 2 or t* = Margin of Error: E = Confidence Interval: [ (Enter the positive one.) b. Interpret your result in part (a) in a complete sentence.

MATLAB: An Introduction with Applications
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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A simple random sample of 59 colleges and universities in the United State had a mean tuition of $18,661 with a standard deviation of $9,031. a. Construct a 83% confidence interval for the mean tuition for all colleges and universities in the United States. Please round the answers to 3 decimal places Critical value: 2* or t* Margin of Error: E = Confidence Interval: [ = (Enter the positive one.) b. Interpret your result in part (a) in a complete sentence.
Transcribed Image Text:A simple random sample of 59 colleges and universities in the United State had a mean tuition of $18,661 with a standard deviation of $9,031. a. Construct a 83% confidence interval for the mean tuition for all colleges and universities in the United States. Please round the answers to 3 decimal places Critical value: 2* or t* Margin of Error: E = Confidence Interval: [ = (Enter the positive one.) b. Interpret your result in part (a) in a complete sentence.
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