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
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ISBN:9781119256830
Author:Amos Gilat
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Transcribed Image Text:Excel
5
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123458UH23
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Arial
X ✓ fx
Part a
Mean
Draw
Part b
Standard Deviation
✓ 10
Page Layout
Part c
Degrees of Freedom
Data +
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
V
D
Search (Option + Q)
Data
Review
E
View
Formula
ab
Help
F
#N/A
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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)?
$
<o<$
Check My Work
Reset Problem](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbc3ad949-79b2-4a66-83f9-922936cf2321%2F42e8c49e-40f5-4a67-972a-195047eaa9f2%2Fgm38cvr_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)?
$
<o<$
Check My Work
Reset Problem
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