Question
1) In a sample of 44 students, the mean scholarship amount received was $1130, with a standard deviation of $24.85. Contruct a 95% confidence interval
1) In a sample of 44 students, the mean scholarship amount received was $1130, with a standard deviation of $24.85. Contruct a 95% confidence interval for the mean scholarship award for all students. Round your answer to the nearest cent.
2) Scooter's Tavernboasts that they have the "Coldest Beers in Town". A curious citizen tested a random sample of 44 beers and found a mean temperature of 33.2, with a standard deviation of 0.69. We are going to construct a 98% confidence interval for the mean temperature of all beers in the tavern.Round all answers to 3 decimal places.
What is the margin of error?
What is the 98% confidence interval?
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