To estimate the average annual expenses of students on books and class materials, a sample of size 36 is taken. The sample mean is $850 and the sample standard deviation is $54. A 99 percent confidence interval for the population mean is:
A) $823.72 to $876.28
B) $832.36 to $867.64
C) $826.82 to $873.18
D) $825.48 to $874.52
Correct Answer:
Verified
Q47: A 99 percent confidence interval has higher
Q48: The finite population correction factor (FPCF) can
Q49: Approximately 95 percent of the population X
Q50: A random sample of 16 ATM transactions
Q51: The finite population correction factor (FPCF) can
Q53: A highway inspector needs an estimate of
Q54: A sampling distribution describes the distribution of:
A)a
Q55: The Central Limit Theorem (CLT) implies that:
A)the
Q56: The sample mean is not a random
Q57: The owner of Torpid Oaks B&B wanted
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents