document.write( "Question 135301This question is from textbook Statistics
\n" ); document.write( ": A random sample of 76 four-year-olds attending day care centers showed that the yearly tuition averaged $3648. The standard deviation of the sample was $630 and the sample size was 50. Find the 90% confidence interval of the true mean. \n" ); document.write( "
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A random sample of 76 four-year-olds attending day care centers showed that the yearly tuition averaged $3648. The standard deviation of the sample was $630 and the sample size was 50. Find the 90% confidence interval of the true mean.
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\n" ); document.write( "Note: you gave two numbers for the sample size: 76 and 50. I chose n=50.
\n" ); document.write( "x-bar = 3648
\n" ); document.write( "standard error = E = 1.645 * [630/sqrt(50)]= 146.56
\n" ); document.write( "CI: x-bar - E < mu < x-bar + E
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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