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8.2 Margin of Error for Mean with Unknown (t-table) In a survey, 16 people were asked how much they spent on their child's last birthday
8.2 Margin of Error for Mean with Unknown (t-table) In a survey, 16 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $37 and standard deviation of $10. Find the margin of error at a 95% confidence level. Round to 2 decimal places.
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