Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Based on USDA suggestion, a U.S. adult should be spending anywhere from $165 to $345 per month on food, depending on age and gender. A
Based on USDA suggestion, a U.S. adult should be spending anywhere from $165 to $345 per month on food, depending on age and gender. A random sample of 120 adults in Washington State is polled regarding the amount of money they spend each month on food. The sample has an average of $273.61 with a standard deviation of $61.59. Based on this information, complete the following questions.
- Show that the requirements to build a confidence interval are met.
- State the critical value for a 90% confidence interval
- Compute the 90% confidence interval. State values to two decimal places.
- Interpret the 90% confidence interval using complete sentences.
Step by Step Solution
★★★★★
3.35 Rating (167 Votes )
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started