Homework Help is Here – Start Your Trial Now!
Math
Statistics
Dataset Available: Download Houston.xlsx You may need to use the appropriate appendix table or technology to answer this question. Data were collected on the amount spent by 64 customers for lunch at a major Houston restaurant. These data are contained in the file Houston. Based upon past studies the population standard deviation is known with a = $6. 20.50 14.63 23.77 29.96 29.49 32.70 9.20 20.89 28.87 15.78 18.16 12.16 18.89 19.88 23.11 20.11 20.34 21.18 19.22 34.13 27.49 25.53 27.71 33.81 21.79 11.22 36.55 11.85 17.88 6.83 30.99 14.62 16.43 17.66 9.59 Need Help? Read It 20.08 30.36 21.79 Watch It 18.37 13.63 17.22 13.17 20.12 22.11 22.47 20.36 35.47 32.27 12.63 19.16 26.35 20.01 26.85 27.55 25.87 14.37 15.61 26.46 24.24 16.66 20.85 18.38 26.85 25.10 (a) At 99% confidence, what is the margin of error in dollars? (Round your answer to the nearest cent.) $ (b) Develop a 99% confidence interval estimate of the mean amount spent for lunch in dollars. (Round your answers to the nearest cent.) $ to $

Dataset Available: Download Houston.xlsx You may need to use the appropriate appendix table or technology to answer this question. Data were collected on the amount spent by 64 customers for lunch at a major Houston restaurant. These data are contained in the file Houston. Based upon past studies the population standard deviation is known with a = $6. 20.50 14.63 23.77 29.96 29.49 32.70 9.20 20.89 28.87 15.78 18.16 12.16 18.89 19.88 23.11 20.11 20.34 21.18 19.22 34.13 27.49 25.53 27.71 33.81 21.79 11.22 36.55 11.85 17.88 6.83 30.99 14.62 16.43 17.66 9.59 Need Help? Read It 20.08 30.36 21.79 Watch It 18.37 13.63 17.22 13.17 20.12 22.11 22.47 20.36 35.47 32.27 12.63 19.16 26.35 20.01 26.85 27.55 25.87 14.37 15.61 26.46 24.24 16.66 20.85 18.38 26.85 25.10 (a) At 99% confidence, what is the margin of error in dollars? (Round your answer to the nearest cent.) $ (b) Develop a 99% confidence interval estimate of the mean amount spent for lunch in dollars. (Round your answers to the nearest cent.) $ to $

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
Dataset Available: Download Houston.xlsx You may need to use the appropriate appendix table or technology to answer this question. Data were collected on the amount spent by 64 customers for lunch at a major Houston restaurant. These data are contained in the file Houston. Based upon past studies the population standard deviation is known with a = $6. 20.50 14.63 23.77 29.96 28.87 15.78 18.16. 12.16 18.89 19.88 23.11 20.11 20.34 27.49 36.55 21.18 19.22 34.13 25.53 27.71 33.81 21.79 29.49 32.70 9.20 20.89 11.22 16.43 17.66 9.59 Need Help? Read It 19.16 26.35 20.01 26.85 13.63 17.22 13.17 20.12 22.11 22.47 20.36 35.47 11.85 17.88 6.83 30.99 18.38 26.85 25.10 20.08 30.36 21.79 14.62 Watch It 18.37 32.27 12.63 27.55 25.87 14.37 15.61 26.46 24.24 16.66 20.85 (a) At 99% confidence, what is the margin of error in dollars? (Round your answer to the nearest cent.) $ (b) Develop a 99% confidence interval estimate of the mean amount spent for lunch in dollars. (Round your answers to the nearest cent.) $ to $
Transcribed Image Text:Dataset Available: Download Houston.xlsx You may need to use the appropriate appendix table or technology to answer this question. Data were collected on the amount spent by 64 customers for lunch at a major Houston restaurant. These data are contained in the file Houston. Based upon past studies the population standard deviation is known with a = $6. 20.50 14.63 23.77 29.96 28.87 15.78 18.16. 12.16 18.89 19.88 23.11 20.11 20.34 27.49 36.55 21.18 19.22 34.13 25.53 27.71 33.81 21.79 29.49 32.70 9.20 20.89 11.22 16.43 17.66 9.59 Need Help? Read It 19.16 26.35 20.01 26.85 13.63 17.22 13.17 20.12 22.11 22.47 20.36 35.47 11.85 17.88 6.83 30.99 18.38 26.85 25.10 20.08 30.36 21.79 14.62 Watch It 18.37 32.27 12.63 27.55 25.87 14.37 15.61 26.46 24.24 16.66 20.85 (a) At 99% confidence, what is the margin of error in dollars? (Round your answer to the nearest cent.) $ (b) Develop a 99% confidence interval estimate of the mean amount spent for lunch in dollars. (Round your answers to the nearest cent.) $ to $
Expert Solution
steps

Step by step

Solved in 5 steps with 13 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
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
SEE MORE TEXTBOOKS