Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose a randomly selected sample of n = 64 men has a mean foot length of)? = 26.8 cm, and the standard deviation of the

image text in transcribed
Suppose a randomly selected sample of n = 64 men has a mean foot length of)? = 26.8 cm, and the standard deviation of the sample is 2 cm. Calculate an approximate 95% condence interval for the mean foot length of men. (Round the answers to one decimal place.) to cm How much money do people spend on graduation gifts? In 2007, a federation surveyed 2815 consumers who reported that they bought one or more graduation gifts that year. The sample was selected in a way designed to produce a sample representative of adult Americans who purchased graduation gifts in 2007. For this sample, the mean amount spent per gift was $52.05. Suppose that the sample standard deviation was $20. Construct a 98% condence interval for the mean amount of money spent per graduation gift in 2007. (Round your answers to three decimal places.) ( , ) Interpret the interval. ' ' We are condent that the mean amount of money spent per graduation gift in 2007 was within this interval 98% of the time. " We are 98% condent that the mean amount of graduation money spent was within this interval. We are condent that 98% of the amount of money spent per graduation gift in 2007 was within this interval. We are 98% condent that the mean amount of money spent per graduation gift in 2007 was within this interval

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Multiple Time Scale Dynamics

Authors: Christian Kuehn

1st Edition

3319123165, 9783319123165

More Books

Students also viewed these Mathematics questions

Question

What are the objectives of Human resource planning ?

Answered: 1 week ago

Question

Explain the process of Human Resource Planning.

Answered: 1 week ago