**Confidence Interval Calculation**Assume that a sample is used to estimate a population mean \(\mu\). Find the 99% confidence interval for a sample of size 64 with a mean of 49.5 and a standard deviation of 20.3. Enter your answer as an open-interval (i.e., parentheses) accurate to one decimal place (because the sample statistics are reported accurate to one decimal place).\[ \text{99% C.I.} = \_\_\_\_\_\_ \]Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.**Note:** - \( \text{Size of sample (n)} = 64 \)- \( \text{Sample mean} (\overline{x}) = 49.5 \)- \( \text{Standard deviation} (s) = 20.3 \)**Instructions for students**:- Determine the critical value using the z-distribution for a 99% confidence level.- Calculate the margin of error and use it to find the confidence interval.- Provide the answer as an open-interval (accurate to one decimal place).

Answered: Image /qna-images/answer/2a9ec308-21c4-4d06-a9cf-2f6bcd6c829c.jpg

Answered: Assume that a sample is used to…

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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