Use the confidence interval to find the estimated margin of error. Then find the sample mean.A store manager reports a confidence interval of (48.2,79.2) when estimating the mean price (in dollars) for the population of textbooks.The estimated margin of error is(Type an integer or a decimal.)

To find the estimated margin of error and the sample mean from the provided confidence interval, you…

Answered: Use the confidence interval to find the…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Use the confidence interval to find the estimated margin of error. Then find the sample mean. A store manager reports a confidence interval of (48.2,79.2) when estimating the mean price (in dollars) for the population of textbooks. The estimated margin of error is (Type an integer or a decimal.)