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* Question 7 of 15, Check My Work (2 remaining) he 94 million Americans of age 50 and over control 50 percent of all discretionary income. AARP estimated that the average annual expenditure on restaurants and carryout food was $1,878 for individuals in this age group. Suppose this estimate is based on a ample of 85 persons and that the sample standard deviation is 3510. Round your answers to the nearest whole numbers. . At 99% confidence, what is the margin of error? b. What is the 99% confidence interval for the population mean amount spent on restaurants and carryout food? c. What is your estimate of the total amount spent by Americans of age 50 and over on restaurants and carryout food? million d. If the amount spent on restaurants and carryout food is skewed to the right, would you expect the median amount spent to be greater or less than $1,878 ? - Select your answer

* Question 7 of 15, Check My Work (2 remaining) he 94 million Americans of age 50 and over control 50 percent of all discretionary income. AARP estimated that the average annual expenditure on restaurants and carryout food was $1,878 for individuals in this age group. Suppose this estimate is based on a ample of 85 persons and that the sample standard deviation is 3510. Round your answers to the nearest whole numbers. . At 99% confidence, what is the margin of error? b. What is the 99% confidence interval for the population mean amount spent on restaurants and carryout food? c. What is your estimate of the total amount spent by Americans of age 50 and over on restaurants and carryout food? million d. If the amount spent on restaurants and carryout food is skewed to the right, would you expect the median amount spent to be greater or less than $1,878 ? - Select your answer

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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ymentld%3D5996521842592485862331174767&elSBN=9780357131596&id%3D144595592... Module 3 Ch 8 Calculation Assignment Score: 0.00% Save Submit Assignment for Grading Exercise 08.50 Algo (Population Mean: Sigma Unknown) « Question 7 of 15 Check My Work (2 remaining) The 94 million Americans of age 50 and over control 50 percent of all discretionary income. AARP estimated that the average annual expenditure on restaurants and carryout food was $1,878 for individuals in this age group. Suppose this estimate is based on a sample of 85 persons and that the sample standard deviation is 8510. Round your answers to the nearest whole numbers. a. At 99% confidence, what is the margin of error? b. What is the 99% confidence interval for the population mean amount spent on restaurants and carryout food? c. What is your estimate of the total amount spent by Americans of age 50 and over on restaurants and carryout food? million d. If the amount spent on restaurants and carryout food is skewed to the right, would you expect the median amount spent to be greater or less than $1,878 ? -Selcct your answNer Check My Work (2 remaining) 0-Icon Key 1 Question 7 of 15 » Save Submit Assignment for Grading Exercise 08.50 Algo (Population Mean: Sigma Unknown) 9:17 PM 3/3/2022 a Chp
Transcribed Image Text:ymentld%3D5996521842592485862331174767&elSBN=9780357131596&id%3D144595592... Module 3 Ch 8 Calculation Assignment Score: 0.00% Save Submit Assignment for Grading Exercise 08.50 Algo (Population Mean: Sigma Unknown) « Question 7 of 15 Check My Work (2 remaining) The 94 million Americans of age 50 and over control 50 percent of all discretionary income. AARP estimated that the average annual expenditure on restaurants and carryout food was $1,878 for individuals in this age group. Suppose this estimate is based on a sample of 85 persons and that the sample standard deviation is 8510. Round your answers to the nearest whole numbers. a. At 99% confidence, what is the margin of error? b. What is the 99% confidence interval for the population mean amount spent on restaurants and carryout food? c. What is your estimate of the total amount spent by Americans of age 50 and over on restaurants and carryout food? million d. If the amount spent on restaurants and carryout food is skewed to the right, would you expect the median amount spent to be greater or less than $1,878 ? -Selcct your answNer Check My Work (2 remaining) 0-Icon Key 1 Question 7 of 15 » Save Submit Assignment for Grading Exercise 08.50 Algo (Population Mean: Sigma Unknown) 9:17 PM 3/3/2022 a Chp
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