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One more question A sample of 3 5 0 orders for take-out food at a local pizzeria found that the average cost of an order
One more question
A sample of350 orders fortake-out food at a local pizzeria found that the average cost of an order was $29 with s=$13. (a) Find the margin oferror, if we use a95% confidenceinterval, for the average cost of an order. (b) Interpret for management the margin of error. (c) If weneed to be 99% confident, does the confidence interval become wider ornarrower? (d) Find the 99% confidence interval.
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