In a survey, 31 people were asked how much they spent on their
child's last birthday gift. The results were roughly bell-shaped
with a mean of $44.8 and standard deviation of $16.7. Estimate how
much a typical parent would spend on their child's birthday gift
(use a 90% confidence level). Give your answers to 3 decimal
places.
Express your answer in the format of ¯xx¯ ±± E.
? $ ±± $ ?
Solution :
t /2,df = 1.697
Margin of error = E = t/2,df * (s /n)
= 1.697 * (16.7 / 31)
Margin of error = E = 5.090
The 90% confidence interval estimate of the population mean is,
E = 44.8 5.090
Get Answers For Free
Most questions answered within 1 hours.