A survey of 31 randomly selected iPhone owners showed that the purchase price has a mean of $610 with a sample standard deviation of $26. (Use z Distribution Table.) a. Compute the standard error of the sample mean. (Round your answer to the nearest whole number.) Standard error $ 5 b. Compute the 95% confidence interval for the mean. (Use tDistribution Table.) (Round your answers to 3 decimal places.) The confidence interval is between and c. To be 95% confident, how large a sample is needed to estimate the population mean within $9? (Round up your answer to the next whole number.) Sample size

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A survey of 31 randomly selected iPhone owners showed that the purchase price has a mean of $610 with a sample standard deviation
of $26. (Use z Distribution Table.)
a. Compute the standard error of the sample mean. (Round your answer to the nearest whole number.)
Standard error $ 5
b. Compute the 95% confidence interval for the mean. (Use tDistribution Table.) (Round your answers to 3 decimal places.)
The confidence interval is
between
and
c. To be 95% confident, how large a sample is needed to estimate the population mean within $9? (Round up your answer to the next
whole number.)
Sample size
Transcribed Image Text:A survey of 31 randomly selected iPhone owners showed that the purchase price has a mean of $610 with a sample standard deviation of $26. (Use z Distribution Table.) a. Compute the standard error of the sample mean. (Round your answer to the nearest whole number.) Standard error $ 5 b. Compute the 95% confidence interval for the mean. (Use tDistribution Table.) (Round your answers to 3 decimal places.) The confidence interval is between and c. To be 95% confident, how large a sample is needed to estimate the population mean within $9? (Round up your answer to the next whole number.) Sample size
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