SOLUTION: How much money does the average professional hockey fan spend on food at a single hockey game? That question was posed to 10 randomly selected hockey fans. The sampled results sh

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Question 821569: How much money does the average professional hockey fan spend on food at a single hockey
game? That question was posed to 10 randomly selected hockey fans. The sampled results show
that sample mean and standard deviation were $19.00 and $3.35, respectively. Use this
information to create a 98% confidence interval for the mean., assuming that the population is
normally distributed.

Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 

Hi,

10 randomly selected hockey fans. The sampled results show that sample mean 

and standard deviation were $19.00 and $3.35, respectively

ME = 2.326%283.35%2Fsqrt%2810%29%29

 98% confidence interval for the mean

   $19.00 - ME < mu < $19.00 + ME