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QUESTION 12 Continued from previous On the previous problem, you used sample data to compute a margin of error that yields approximate 95% confidence for
QUESTION 12 Continued from previous On the previous problem, you used sample data to compute a margin of error that yields approximate 95% confidence for the unknown average spending on groceries by residents of Collin County. Then, a 95% confidence Interval is formed by (estimate) + (margin of error). The problem stated that it was a simple random sample of size 20. Select each true statement (one or more). In each option. it is understood that 95% is approximate "There Is a 95% chance that a single Collin County resident's grocery spending will turn out to be in this particular interval The method of constructing our interval is one that works 95% of the time. The margin of error calculated on the previous problem is only valid if the distribution of grocery spending by all residents of Collin County is at least approximately Normal. [)95% of the time, the average grocery spending of all Collin County residents will turn out to be in this particular intervalQUESTION 12 Continued from previous On the previous problem, you used sample data to compute a margin of error that yields approximate 95% confidence for the unknown average spending on groceries by residents of Collin County. Then, a 95% confidence Interval is formed by (estimate) + (margin of error). The problem stated that it was a simple random sample of size 20. Select each true statement (one or more). In each option. it is understood that 95% is approximate "There Is a 95% chance that a single Collin County resident's grocery spending will turn out to be in this particular interval The method of constructing our interval is one that works 95% of the time. The margin of error calculated on the previous problem is only valid if the distribution of grocery spending by all residents of Collin County is at least approximately Normal. [)95% of the time, the average grocery spending of all Collin County residents will turn out to be in this particular interval
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