In a survey, 18 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $49 and standard deviation of $10. Find the margin of error at a 99% confidence level. Give your answer to three decimal places.
In a survey, 18 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $49 and standard deviation of $10. Find the margin of error at a 99% confidence level. Give your answer to three decimal places.
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 a survey, 18 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $49 and a standard deviation of $10. Find the margin of error at a 99% confidence level.
Give your answer to three decimal places.
[___]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F97b5df25-1667-438a-b46e-c2a0d1ae7c86%2F022b45a3-8c5e-48fc-8632-3575d0c5f8f1%2Fek2ww7r_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In a survey, 18 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $49 and a standard deviation of $10. Find the margin of error at a 99% confidence level.
Give your answer to three decimal places.
[___]
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