Solved

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 72

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The Daytona Beach Tourism Commission is interested in the average amount of money a typical college student spends per day during spring break.They survey 35 students and find that the mean spending is $63.57 with a standard deviation of $17.32.
-Develop a 95% confidence interval for the population mean daily spending.

Correct Answer:

verifed

Verified

blured image
± tn-1,α/2 s/ blured image
= 63.57 ± 2.042(17....

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions