The manager of the college cafeteria wants to estimate the mean amount spent per customer per purchase. A sample of 10 customers revealed the following amounts spent: Find the 99 percent confidence limits for the mean amount spent.
Sample mean = $4.53, s = $1.00
A) 3.53 and 5.53
B) 3.50 and 5.56
C) 3.48 and 5.58
D) 3.84 and 5.85
E) 3.35 and 5.35

Question

The manager of the college cafeteria wants to estimate the mean amount spent per customer per purchase. A sample of 10 customers revealed the following amounts spent:  Find the 99 percent confidence limits for the mean amount spent.
Sample mean = $4.53, s = $1.00
A) 3.53 and 5.53 
B) 3.50 and 5.56 
C) 3.48 and 5.58 
D) 3.84 and 5.85 
E) 3.35 and 5.35

Quizplus · Accepted Answer

The Answer of The manager of the college cafeteria wants to estimate the mean amount spent per customer per purchase. A sample of 10 customers revealed the following amounts spent:  Find the 99 percent confidence limits for the mean amount spent.
Sample mean = $4.53, s = $1.00
A) 3.53 and 5.53 
B) 3.50 and 5.56 
C) 3.48 and 5.58 
D) 3.84 and 5.85 
E) 3.35 and 5.35

The Manager of the College Cafeteria Wants to Estimate the Mean