question archive Using 69% confidence level, find the confidence interval using the sample mean (HINT: Use the sample mean, standard deviation, and sample size in the example
Using 69% confidence level, find the confidence interval using the sample mean (HINT: Use the sample mean, standard deviation, and sample size in the example
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Using 69% confidence level, find the confidence interval using the sample mean (HINT: Use the sample mean, standard deviation, and sample size in the example. Change the t-critical value for your new confidence level.
95% confidence level
Mean: $24,854
SD: 793.80606
Sample Size: 10
T-Critical Value: 2.2621572
Margin of Error: $567.85
Lower Margin: $24,285.65
Higher Margin: $25,421.35
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