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

Subject:MathPrice:3.86 Bought11

Share With

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