services is shown below. What is the margin of error for a 95% confidence interval for the average monthly streaming service spending for all NC State students? Give your answer accurate to three

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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To estimate the amount of money NC State students spend monthly on streaming services, we take
a random sample of 61 NC State students, and find the sample mean is $7.50 and the sample
standard deviation is $1.84. A histogram of these 61 students' monthly spending in streaming
services is shown below.What is the margin of error for a 95% confidence interval for the average
monthly streaming service spending for all NC State students? Give your answer accurate to three
decimal places.
Histogram
20
10
4
6
10
12
14
Monthly spending ($)
Answer:
个
Kouanba
15
Transcribed Image Text:To estimate the amount of money NC State students spend monthly on streaming services, we take a random sample of 61 NC State students, and find the sample mean is $7.50 and the sample standard deviation is $1.84. A histogram of these 61 students' monthly spending in streaming services is shown below.What is the margin of error for a 95% confidence interval for the average monthly streaming service spending for all NC State students? Give your answer accurate to three decimal places. Histogram 20 10 4 6 10 12 14 Monthly spending ($) Answer: 个 Kouanba 15
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