In a survey, 25 people were asked how much they spent on their child's last birthday gift. Theresults were roughly bell-shaped with a mean of $43 and standard deviation of $18. Construct aconfidence interval at a 98% confidence level.Give your answers to one decimal place.±Interpret your confidence interval in the context of this problem.

Given that Sample size n =25 Sample mean=43 Standard deviation =18

Answered: a survey, 25 people were asked how much…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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n a survey, 23 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $31 and standard deviation of $17. Construct a confidence interval at a 95% confidence level.Give your answers to one decimal place. +-Interpret your confidence interval in the context of this problem.

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