SOLUTION: In a survey, 11 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $43.3 and standard deviation of $14.1
Question 1175460: In a survey, 11 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $43.3 and standard deviation of $14.1. Construct a confidence interval at a 90% confidence level.
Express your answer in the format of
¯x ± Error.
how do I do this formula? Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
Hi
n = 11 , x̄ = 14.1 and s = 14.1 "Sample sd"
90% confidence level df = 10 , t = 1.81
ME = 1.81(14.1)/√11 = 7.695 |ME =
CI = $44.3 ± 7.7
Note: Sample size small so CI bigger
Wish You the Best in your Studies.