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In 2017, Americans spent a record-high $9.1 billion on Halloween-related purchases (the balance website). Sample data showing the amount, in dollars, 16 adults spent on a Halloween costume are as follows. 20 31 16 62 a. What is the estimate of the population mean amount adults spend on a Halloween costume (to 2 decimals)? $ 13 31 55 46 69 34 17 34 66 45 97 27 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). Use Table 11.1. sos$ $

In 2017, Americans spent a record-high $9.1 billion on Halloween-related purchases (the balance website). Sample data showing the amount, in dollars, 16 adults spent on a Halloween costume are as follows. 20 31 16 62 a. What is the estimate of the population mean amount adults spend on a Halloween costume (to 2 decimals)? $ 13 31 55 46 69 34 17 34 66 45 97 27 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). Use Table 11.1. sos$ $

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
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In 2017, Americans spent a record-high $9.1 billion on Halloween-related purchases (the balance website). Sample data showing the amount, in dollars, 16 adults spent on a Halloween costume are as follows. 69 34 13 20 31 31 55 16 46 62 a. What is the estimate of the population mean amount adults spend on a Halloween costume (to 2 decimals)? $ 66 45 97 27 17 34 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). Use Table 11.1. so≤ $ $
Transcribed Image Text:In 2017, Americans spent a record-high $9.1 billion on Halloween-related purchases (the balance website). Sample data showing the amount, in dollars, 16 adults spent on a Halloween costume are as follows. 69 34 13 20 31 31 55 16 46 62 a. What is the estimate of the population mean amount adults spend on a Halloween costume (to 2 decimals)? $ 66 45 97 27 17 34 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). Use Table 11.1. so≤ $ $
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