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Assume that a sample is used to estimate a population mean μ. Find the margin of error M.E. that corresponds to a sample of size 8 with a sample mean of 62.5 and a sample standard deviation of 17.7 at a confidence level of 98%. Express Margin of Error accurate to one decimal place because the sample statistics are presented with this accuracy. M.E.= Answer should be obtained without any preliminary rounding. However, the t-critical value may be rounded to 3 decimal places.

Assume that a sample is used to estimate a population mean μ. Find the margin of error M.E. that corresponds to a sample of size 8 with a sample mean of 62.5 and a sample standard deviation of 17.7 at a confidence level of 98%. Express Margin of Error accurate to one decimal place because the sample statistics are presented with this accuracy. M.E.= Answer should be obtained without any preliminary rounding. However, the t-critical value may be rounded to 3 decimal places.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
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Assume that a sample is used to estimate a population mean μ. Find the margin of error M.E. that corresponds to a sample of size 8 with a sample mean of 62.5 and a sample standard deviation of 17.7 at a confidence level of 98%. Express Margin of Error accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the t-critical value may be rounded to 3 decimal places. Question Help: Video Submit Question
Transcribed Image Text:Assume that a sample is used to estimate a population mean μ. Find the margin of error M.E. that corresponds to a sample of size 8 with a sample mean of 62.5 and a sample standard deviation of 17.7 at a confidence level of 98%. Express Margin of Error accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the t-critical value may be rounded to 3 decimal places. Question Help: Video Submit Question
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