In a survey, 28 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $30 and standard deviation of $3. Find the margin of error at a 98% confidence level. Give your answer to two decimal places.
In a survey, 28 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $30 and standard deviation of $3. Find the margin of error at a 98% confidence level. Give your answer to two decimal places.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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![In a survey, 28 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $30 and standard deviation of $3. Find the margin of error at a 98% confidence level.
Give your answer to two decimal places.
[No graphs or diagrams were present in the image.]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd1d46466-3ecc-4254-a208-a4cd9fff6ffc%2Fd54cd16d-1d43-4cc5-b1bf-7308b93a261b%2F1ygfhm3_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In a survey, 28 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $30 and standard deviation of $3. Find the margin of error at a 98% confidence level.
Give your answer to two decimal places.
[No graphs or diagrams were present in the image.]
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