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Starting salaries of 105 college graduates who have taken a statistics course have a mean of $43,833. The sample standard deviation is $9,371. Using 99% confidence, find both of the following. Give your answers to at least 2 decimal places. A. The margin of error E B. The confidence interval for the mean u: Use 3 decimal places in your critical value.

Starting salaries of 105 college graduates who have taken a statistics course have a mean of $43,833. The sample standard deviation is $9,371. Using 99% confidence, find both of the following. Give your answers to at least 2 decimal places. A. The margin of error E B. The confidence interval for the mean u: Use 3 decimal places in your critical value.

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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Starting salaries of 105 college graduates who have taken a statistics course have a mean of $43,833. The sample standard deviation is $9,371. Using 99% confidence, find both of the following. Give your answers to at least 2 decimal places. A. The margin of error E B. The confidence interval for the mean u: <μ< Use 3 decimal places in your critical value.
Transcribed Image Text:Starting salaries of 105 college graduates who have taken a statistics course have a mean of $43,833. The sample standard deviation is $9,371. Using 99% confidence, find both of the following. Give your answers to at least 2 decimal places. A. The margin of error E B. The confidence interval for the mean u: <μ< Use 3 decimal places in your critical value.
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