Online Schooling You are planning to buy a cellphone with a good quality in order to attend the online class. The average price of 50 cellphones is Php13,500 with a margin of error of Php 273.65 and a confidence level of 99%. What is the lower limit? What is the upper limit? What is the confidence interval? If you have P13,100.00, is the amount lies within the confidence interval?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Solve for the following
Online Schooling
You are planning to buy a cellphone with a good quality in order to attend
the online class. The average price of 50 cellphones is Php13,500 with a margin of
error of Php 273.65 and a confidence level of 99%.
What is the lower limit?
What is the upper limit?
What is the confidence interval?
If you have P13,100.00, is the amount lies within the confidence interval?
Transcribed Image Text:Online Schooling You are planning to buy a cellphone with a good quality in order to attend the online class. The average price of 50 cellphones is Php13,500 with a margin of error of Php 273.65 and a confidence level of 99%. What is the lower limit? What is the upper limit? What is the confidence interval? If you have P13,100.00, is the amount lies within the confidence interval?
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