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Ali is interested in estimating the mean amount spent per day in a shopping mall based on 16 customers. It is known that the amount spent per day in a shopping mall is normally distributed. Find the corresponding critical value for constructing a 93% confidence interval. Round your answer to three decimal places.

Ali is interested in estimating the mean amount spent per day in a shopping mall based on 16 customers. It is known that the amount spent per day in a shopping mall is normally distributed. Find the corresponding critical value for constructing a 93% confidence interval. Round your answer to three decimal places.

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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QUESTION 29 Ali is interested in estimating the mean amount spent per day in a shopping mall based on 16 customers. It is known that the amount spent per day in a shopping mall is normally distributed. Find the corresponding critical value for constructing a 93% confidence interval. Round your answer to three decimal places.
Transcribed Image Text:QUESTION 29 Ali is interested in estimating the mean amount spent per day in a shopping mall based on 16 customers. It is known that the amount spent per day in a shopping mall is normally distributed. Find the corresponding critical value for constructing a 93% confidence interval. Round your answer to three decimal places.
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