SOLUTION: Please show calculation to the problem. The owner of Limp Pines Resort wanted to know the average age of its clients. A random sample of 25 tourists is taken. It shows a mean ag
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Question 218803: Please show calculation to the problem. The owner of Limp Pines Resort wanted to know the average age of its clients. A random sample of 25 tourists is taken. It shows a mean age of 46 years with a standard deviation of 5 years. The width of an 98 percent CI for the true mean client age is approximately____________years. Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Please show calculation to the problem. The owner of Limp Pines Resort wanted to know the average age of its clients. A random sample of 25 tourists is taken. It shows a mean age of 46 years with a standard deviation of 5 years. The width of an 98 percent CI for the true mean client age is approximately____________years.
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invT(0.01,24) = 2.492
Standard Error = 2.492*5/sqrt(25) = 2.492
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with of the 98% CI = 2(2.492) = 4.984
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Cheers,
Stan H.