Wall Street Journal reported on several studies that show massage therapy has a variety of health benefits and it is not too expensive. A sample of 10 typical one-hour massage therapy sessions showed an average charge of $59. The population standard deviation for a one-hour session is o = $5.45. a. What assumptions about the population should we be willing to make if a margin of error is desired The population is at least approximately normal is required b. Using 95% confidence, what is the margin of error (to 2 decimals)? c. Using 99% confidence, what is the margin of error (to 2 decimals)?
Wall Street Journal reported on several studies that show massage therapy has a variety of health benefits and it is not too expensive. A sample of 10 typical one-hour massage therapy sessions showed an average charge of $59. The population standard deviation for a one-hour session is o = $5.45. a. What assumptions about the population should we be willing to make if a margin of error is desired The population is at least approximately normal is required b. Using 95% confidence, what is the margin of error (to 2 decimals)? c. Using 99% confidence, what is the margin of error (to 2 decimals)?
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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