Suppose that your sample size is 3000 and that you wish to construct a 95% confidence interval. Your sample standard deviation is 42.3. Estimate your margin of error (MOE) using this information and the t-distribution table. Estimate your response to the first decimal point.

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Suppose that your sample size is 3000 and that you wish to construct a 95% confidence interval. Your sample standard deviation is 42.3.

Estimate your margin of error (MOE) using this information and the t-distribution table.

Estimate your response to the first decimal point.

Expert Solution
Step 1: Determine the given data

From the provided information,

n = 3000

Confidence level = 95%

Sample standard deviation (s) = 42.3


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