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Solve the Problem $3595\$ 3595 Assuming That σ=$898\sigma = \$ 898

Question 80

Multiple Choice

Solve the problem.
-A sample of 71 college students yields a mean annual income of $3595\$ 3595 . Assuming that σ=$898\sigma = \$ 898 , find the margin of error in estimating μ\mu at the 99%99 \% level of confidence.


A) $248\$ 248
B) $1099\$ 1099
C) $274\$ 274
D) $209\$ 209

Correct Answer:

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