3 A ________ is defined as the probability that the interval estimate will include the population parameter of interest, such as a mean. Answer: Confidence interval margin of error confidence level significance level confidence interval Question 4 A random sample of 35 business students required an average of 50.7 minutes to complete a statistics exam. Assume that the population standard deviation to complete the exam was 10.4 minutes. The lower bound of the 95% confidence interval around this sample mean is ___________. Question 5 A random sample of 35 business students required an average of 50.7 minutes to complete a statistics exam. Assume that the population standard deviation to complete the exam was 10.4 minutes. The upper bound of the 95% confidence interval around this sample mean is Question 7 A random sample of 60 business students required an average of 50.7 minutes to complete a statistics exam. Assume that the population standard deviation to complete the exam was 10.4 minutes. The lower bound of the 98% confidence interval around this sample mean is ________. Question 8 A random sample of 60 business students required an average of 50.7 minutes to complete a statistics exam. Assume that the population standard deviation to complete the exam was 10.4 minutes. The upper bound of the 98% confidence interval around this sample mean is ________. Question 11 Apple would like to estimate the web browsing battery life of the iPad. The following data represents the battery life, in hours, experienced by six users. 10 13 12 16 10 8 Using this sample, the margin of error for a 95% confidence interval is _____