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The Daytona Beach Tourism Commission is interested in the average amount of money a typical college student spends per day during spring break.They survey 35 students and find that the mean spending is $63.57 with a standard deviation of $17.32.
-Develop a 95% confidence interval for the population mean daily spending.
Correct Answer:
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± tn-1,α/2 s/
= 63.57 ± 2.042(17....
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