As part of a university club, you decide to investigate how much other studentsat the university spend on groceries each month. From a sample of 29 randomstudents, you find that the spend an average of $871.35 on groceries, with astandard deviation of $235.06. You decide to make an inference on thepopulation mean using a confidence interval with a 90% confidence level. Whatis the lower bound (lower end) of your confidence interval in your analysis? As part of a university club, you decide to investigate how much other studentsat the university spend on groceries each month. From a sample of 23 randomstudents, you find that the spend an average of $870.94 on groceries, with astandard deviation of $257.04. You decide to make an inference on thepopulation mean using a confidence interval with a 99% confidence level. Whatis the margin of error in your analysis?

Given that Sample size n =29 Sample mean =871.35 Standard deviation =235.06 NOTE:- According to…

Answered: at the university spend on groceries…

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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