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

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%

please help asap i will upvote!!

D2
23AECENAS6789
10
11
12
13
14
15
16
17
18
File
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
24
Home
A
Dollars
Spent
15
72
26
66
32
39
31
47
55
15
15
96
45
33
64
24
B
Insert
x ✓ fx
Data
Arial
Part a
Mean
Draw
Part b
Standard Deviation
✓ 10
Page Layout
Part c
Degrees of Freedom
+
с
Lower Limit Critical Chi-square
Upper Limit Critical Chi-square
Calculation Mode: Automatic Workbook Statistics
v
The 95% confidence interval
C.I.Lower Limit
C.I.Upper Limit
B
Formulas
Data
Αν Α
D
Review
E
View Help
V
Formula
ab
F
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
Number
A
H
←0
.00
.00
→.0
I
▬▬▬▬▬
|
J
Loading Add-ins
K
L
Editing
Σ v p
M
Give Feedback to Microsoft
Comments
O
N
V
O
100% +
Transcribed Image Text:D2 23AECENAS6789 10 11 12 13 14 15 16 17 18 File 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 24 Home A Dollars Spent 15 72 26 66 32 39 31 47 55 15 15 96 45 33 64 24 B Insert x ✓ fx Data Arial Part a Mean Draw Part b Standard Deviation ✓ 10 Page Layout Part c Degrees of Freedom + с Lower Limit Critical Chi-square Upper Limit Critical Chi-square Calculation Mode: Automatic Workbook Statistics v The 95% confidence interval C.I.Lower Limit C.I.Upper Limit B Formulas Data Αν Α D Review E View Help V Formula ab F #N/A #N/A #N/A #N/A #N/A #N/A #N/A Number A H ←0 .00 .00 →.0 I ▬▬▬▬▬ | J Loading Add-ins K L Editing Σ v p M Give Feedback to Microsoft Comments O N V O 100% +
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)?
$
<o<$
Check My Work
Reset Problem
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)? $ <o<$ Check My Work Reset Problem
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman