Suppose a random sample of size n = 100 has been selected and the sample mean is found to be x̄ = 67. The population standard deviation is assumed to be σ = 12. Please answer the following questions. (a) What is the standard error of the mean σx̄? (b) What is the margin of error if the confidence level is (1 – α ) = 0.95? (c) What is the 95% confidence interval estimate of µ?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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Suppose a random sample of size n = 100 has been selected and the sample mean is found to be x̄ = 67. The population standard deviation is assumed to be σ = 12. Please answer the following questions. (a) What is the standard error of the mean σx̄? (b) What is the margin of error if the confidence level is (1 – α ) = 0.95? (c) What is the 95% confidence interval estimate of µ?
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