You want to rent an unfurnished one-bedroom apartment in Durham, NC next year. The mean monthly rent for a random sample of 60 apartments advertised on Craig's List (a website that lists apartments fo rent) is $1000. ASsume a population standard deviation of $200. Confidence 0.7 0.75 0.8 0.85 0.9 0.92 0.95 0.96 0.98 0.99 Level 1.04 1.15 1.28 1.44 1.645 1.75 1.96 2.05 2.33 2.58 Determine the Margin of Error MOE with a 85% level of confidence. a. 51.61 b. 37.18 c. 36.18 d. 51.16 Determine the Lower Limit of the confidence interval. a. 948.39 b. 962.82 c. 963.82 d. 948.84 Determine the Upper Limit of the confidence interval a. 1051.61 b. 1037.18 c. 1038.18 d. 1051.16
You want to rent an unfurnished one-bedroom apartment in Durham, NC next year. The mean monthly rent for a random sample of 60 apartments advertised on Craig's List (a website that lists apartments fo rent) is $1000. ASsume a population standard deviation of $200. Confidence 0.7 0.75 0.8 0.85 0.9 0.92 0.95 0.96 0.98 0.99 Level 1.04 1.15 1.28 1.44 1.645 1.75 1.96 2.05 2.33 2.58 Determine the Margin of Error MOE with a 85% level of confidence. a. 51.61 b. 37.18 c. 36.18 d. 51.16 Determine the Lower Limit of the confidence interval. a. 948.39 b. 962.82 c. 963.82 d. 948.84 Determine the Upper Limit of the confidence interval a. 1051.61 b. 1037.18 c. 1038.18 d. 1051.16
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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Transcribed Image Text:You want to rent an unfurnished one-bedroom apartment in Durham, NC next year. The mean monthly
rent for a random sample of 60 apartments advertised on Craig's List (a website that lists apartments for
rent) is $1000. Assume a population standard deviation of $200.
Confidence
0.7
0.75
0.8
0.85
0.9
0.92
0.95
0.96
0.98
0.99
Level
1.04
1.15
1.28
1.44
1.645 1.75
1.96
2.05
2.33
2.58
Determine the Margin of Error MOE with a 85% level of confidence.
a. 51.61
b. 37.18
c. 36.18
d. 51.16
Determine the Lower Limit of the confidence interval.
a. 948.39
b. 962.82
c. 963.82
d. 948.84
Determine the Upper Limit of the confidence interval
a. 1051.61
b. 1037.18
C. 1038.18
d. 1051.16
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