document.write( "Question 1187723: A recent survey revealed that an American's Christmas spending averaged $830. Use this as the population mean American's Christmas spending. Suppose Americans' Christmas spending is normally distributed with a standard deviation of $220. A random sample of size 100 is selected from the population of American consumers. The middle 90% of the sample mean spending will be bounded by what two values? \n" ); document.write( "
Algebra.Com's Answer #819043 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! This is a 90% confidence interval. \n" ); document.write( "the half-interval is z(0.95)*sigma/sqrt(n) \n" ); document.write( "=1.645*220/sqrt(100) \n" ); document.write( "=36.19 \n" ); document.write( "The mean of this sampling distribution Is 830, same as population mean \n" ); document.write( "the interval is ($793.81, $866.19) \n" ); document.write( " |