You are planning to buy a cellphone with a good quality in order to attend the online class. The average price of 80 cellphones is Php42,500 with a margin of error of Php 1583.75 and a confidence level of 99%. Find the confidence interval. Example: (0.4802, 0.5598)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 57SE: Use this data for the exercises that follow: In 2013, there were roughly 317 million citizens in the...
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You are planning to buy a
cellphone with a good
quality in order to attend
the online class. The
average price of 80
cellphones is Php42,500
with a margin of error of
Php 1583.75 and a
confidence level of 99%.
Find the confidence
interval. Example:
(0.4802, 0.5598)
Your answer
Transcribed Image Text:You are planning to buy a cellphone with a good quality in order to attend the online class. The average price of 80 cellphones is Php42,500 with a margin of error of Php 1583.75 and a confidence level of 99%. Find the confidence interval. Example: (0.4802, 0.5598) Your answer
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