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A sample of 20 international students attending an urban U.S. university found that the average amount budgeted for expenses per month was $1612.50 with a

A sample of 20 international students attending an urban U.S. university found that the average amount budgeted for expenses per month was $1612.50 with a standard deviation of $1179.64 Find a 95% confidence interval for the mean monthly expense budget of the population of international students. Use the appropriate formula and verify your result using the Confidence Intervals workbook

Confidence Interval for Population Mean, Standard Deviation Known
Alpha 0.05
Standard deviation 15
Sample size 25
Sample average 796
Confidence Interval 95%
Error 5.879892
Lower 790.1201
Upper 801.8799

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