You may need to use the appropriate appendix table or technology to answer this question. Studies show that massage therapy has a variety of health benefits and it is not too expensive. A sample of 14 typical one-hour massage therapy sessions showed an average charge of $58. The population standard deviation for a one-hour session is = $4.5. (a) What assumptions about the population should we be willing to make if a margin of error is desired? O We should be willing to make the assumption that the population is at least approximately normal. O we should be willing to make the assumption that the population is at least approximately skewed right. O We should be willing to make the assumption that the population is at least approximately skewed left. O we should be willing to make the assumption that the population is at least approximately uniform. O we should be willing to make the assumption that the population is at least approximately bimodal. (b) Using 95% confidence, what is the margin of error in dollars? (Round your answer to the nearest cent.) (c) Using 99% confidence, what is the margin error in dollars? (Round your answer to the nearest cent.)

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...
icon
Related questions
Question
You may need to use the appropriate appendix table or technology to answer this question.
Studies show that massage therapy has a variety of health benefits and it is not too expensive. A sample of 14 typical one-hour massage therapy sessions showed an average charge of $58. The population standard deviation for a one-hour session is
= $4.5.
(a) What assumptions about the population should we be willing to make if a margin of error is desired?
O We should be willing to make the assumption that the population is at least approximately normal.
O we should be willing to make the assumption that the population is at least approximately skewed right.
O We should be willing to make the assumption that the population is at least approximately skewed left.
O we should be willing to make the assumption that the population is at least approximately uniform.
O we should be willing to make the assumption that the population is at least approximately bimodal.
(b) Using 95% confidence, what is the margin of error
dollars? (Round your answer to the nearest cent.)
(c) Using 99% confidence, what is the margin of error
dollars? (Round your answer to the nearest cent.)
Transcribed Image Text:You may need to use the appropriate appendix table or technology to answer this question. Studies show that massage therapy has a variety of health benefits and it is not too expensive. A sample of 14 typical one-hour massage therapy sessions showed an average charge of $58. The population standard deviation for a one-hour session is = $4.5. (a) What assumptions about the population should we be willing to make if a margin of error is desired? O We should be willing to make the assumption that the population is at least approximately normal. O we should be willing to make the assumption that the population is at least approximately skewed right. O We should be willing to make the assumption that the population is at least approximately skewed left. O we should be willing to make the assumption that the population is at least approximately uniform. O we should be willing to make the assumption that the population is at least approximately bimodal. (b) Using 95% confidence, what is the margin of error dollars? (Round your answer to the nearest cent.) (c) Using 99% confidence, what is the margin of error dollars? (Round your answer to the nearest cent.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON