Assume that a sample is used to estimate the mean tip earned by a serving staff at a diner. F margin of error M.E. that corresponds to a sample of size 23 servers with a mean of $98.31 a standard deviation of $8.23 at a confidence level of 98%.

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
J 1 urgent required
5
"O
c
a...
Question 6
Assume that a sample is used to estimate the mean tip earned by a serving staff at a diner. Find the
margin of error M.E. that corresponds to a sample of size 23 servers with a mean of $98.31 and a
standard deviation of $8.23 at a confidence level of 98%.
Report ME accurate to one decimal place because the sample statistics are presented with this
accuracy.
M.E.= $
Tip: Try with the formula, but check your answer with the one - mean app
Question Help: Message instructor
0/1 pt 399 Details
Submit Question
Question 7
0/1 pt 399 Details
In a survey, 21 people were asked how much they spent on their child's last birthday gift. The results
were roughly bell-shaped with a mean of $45 and standard deviation of $10. Find the margin of
error at a 95% confidence level.
$
Give
4
your answer to two decimal places (cost/money is usually rounded 2 decimals).
Transcribed Image Text:5 "O c a... Question 6 Assume that a sample is used to estimate the mean tip earned by a serving staff at a diner. Find the margin of error M.E. that corresponds to a sample of size 23 servers with a mean of $98.31 and a standard deviation of $8.23 at a confidence level of 98%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E.= $ Tip: Try with the formula, but check your answer with the one - mean app Question Help: Message instructor 0/1 pt 399 Details Submit Question Question 7 0/1 pt 399 Details In a survey, 21 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $45 and standard deviation of $10. Find the margin of error at a 95% confidence level. $ Give 4 your answer to two decimal places (cost/money is usually rounded 2 decimals).
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 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