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For eBay auctions of iPad 64GB 5G Wi-Fi units, a sample was taken in July where Buy It Now! were (in dollars): 1388, 1199, 1100,
For eBay auctions of iPad 64GB 5G Wi-Fi units, a sample was taken in July where Buy It Now! were (in dollars): 1388, 1199, 1100, 1099, 1088, 1049, 1026, 999, 998, 978, 949, 930 a. What is the margin of error for 98% confidence? =Answer b. What is the lower value of the 98% confidence interval for the population mean? =
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