Americans spend nearly $7 billion on Halloween costumes and decorations. Sample data showing the amount, in dollars, 16 adults spent on a Halloween costume are contained in the Excel Online file below. Construct a spreadsheet to answer the following questions. Open spreadsheet a. What is the point estimate of the population mean amount adults spend on a Halloween costume (to 2 decimals)? $ b. What is the sample standard deviation (to 2 decimals)? $ c. Provide a 95% confidence interval estimate of the population standard deviation for the amount adults spend on a Halloween costume (to 2 decimals)? $ so≤ $
Americans spend nearly $7 billion on Halloween costumes and decorations. Sample data showing the amount, in dollars, 16 adults spent on a Halloween costume are contained in the Excel Online file below. Construct a spreadsheet to answer the following questions. Open spreadsheet a. What is the point estimate of the population mean amount adults spend on a Halloween costume (to 2 decimals)? $ b. What is the sample standard deviation (to 2 decimals)? $ c. Provide a 95% confidence interval estimate of the population standard deviation for the amount adults spend on a Halloween costume (to 2 decimals)? $ so≤ $
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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![Americans spend nearly $7 billion on Halloween costumes and decorations. Sample data showing the amount, in dollars, 16 adults spent on a Halloween costume are contained in the
Excel Online file below. Construct a spreadsheet to answer the following questions.
X
Open spreadsheet
a. What is the point estimate of the population mean amount adults spend on a Halloween costume (to 2 decimals)?
$
b. What is the sample standard deviation (to 2 decimals)?
$
c. Provide a 95% confidence interval estimate of the population standard deviation for the amount adults spend on a Halloween costume (to 2 decimals)?
$
≤0<$
Check My Work
Reset Problem](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc8514667-bf86-4079-a5fb-967fac7b38d7%2F05b1430e-f583-4a72-9843-cc9a0dd9e3ce%2Fejdn7_processed.png&w=3840&q=75)
Transcribed Image Text:Americans spend nearly $7 billion on Halloween costumes and decorations. Sample data showing the amount, in dollars, 16 adults spent on a Halloween costume are contained in the
Excel Online file below. Construct a spreadsheet to answer the following questions.
X
Open spreadsheet
a. What is the point estimate of the population mean amount adults spend on a Halloween costume (to 2 decimals)?
$
b. What is the sample standard deviation (to 2 decimals)?
$
c. Provide a 95% confidence interval estimate of the population standard deviation for the amount adults spend on a Halloween costume (to 2 decimals)?
$
≤0<$
Check My Work
Reset Problem
![B1
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Transcribed Image Text:B1
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Insert
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Draw
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Page Layout
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Formulas
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&
Data
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Review
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ab
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