SOLUTION: How much money do winners go home with from the television quiz show Jeopardy? To determine an answer, a random sample of winners was drawn and the amount of money each won was rec

Question 1140153: How much money do winners go home with from the television quiz show Jeopardy? To determine an answer, a random sample of winners was drawn and the amount of money each won was recorded and listed below. Estimate with 92% confidence the mean winning's for all the show's players.
32144 29479 22413 26255 32421 15095 27155 22521 32478 22300 22162 14928 29798 26041 18185
UCL =
LCL =

Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
The mean is $24,891.67
sd is $5894.42
t(0.96)=1.89
the half-interval is 1.89*5894.42/sqrt(15)=$2876.45
($22,015.22, $27768.12)
(calculator doesn't round as much and gives (22,019, 27764)
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