Multiple Choice
In a study of monthly household expenditures for California households, a UCLA research team selected a random sample of 1049 households.Average household expenditure for the sample during the month of April was $2,754, with a sample standard deviation of $243.Show the 99% confidence interval estimate of average April household expenditures for the population California households.Report the upper bound for your interval.
A) 2542.89
B) 2773.36
C) 2376.22
D) 2711.36
E) 2634.17
Correct Answer:
Verified
Correct Answer:
Verified
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