A survey of 144 retail stores revealed that the average price of a DVD was $375 with a standard error of $20. What is the 99% confidence interval to estimate the true cost of the DVD?
A) $323.40 to $426.60
B) $328.40 to $421.60
C) $335.00 to $415.00
D) $335.80 to $414.20
E) None of the choices are correct

Question

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The Answer of A survey of 144 retail stores revealed that the average price of a DVD was $375 with a standard error of $20. What is the 99% confidence interval to estimate the true cost of the DVD?
A) $323.40 to $426.60
B) $328.40 to $421.60
C) $335.00 to $415.00
D) $335.80 to $414.20
E) None of the choices are correct

A Survey of 144 Retail Stores Revealed That the Average