In a random sample of twelve cell phones, the mean full retail price was $577.50 and the standard deviation was $217.00. Assume the population is normally distributed and use the t-distribution to find the margin of error and construct a 90% confidence interval for the population mean μ. Interpret the results. Identify the margin of error. (Round to one decimal place as needed.) C 6

MATLAB: An Introduction with Applications
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In a random sample of twelve cell phones, the mean full retail price was $577.50 and the standard deviation was $217.00. Assume the population is normally distributed and use the t-distribution to
find the margin of error and construct a 90% confidence interval for the population mean µ. Interpret the results.
Identify the margin of error.
(Round to one decimal place as needed.)
6
Transcribed Image Text:In a random sample of twelve cell phones, the mean full retail price was $577.50 and the standard deviation was $217.00. Assume the population is normally distributed and use the t-distribution to find the margin of error and construct a 90% confidence interval for the population mean µ. Interpret the results. Identify the margin of error. (Round to one decimal place as needed.) 6
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Transcribed Image Text:ROL dollars cell phones square dollars is need
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