For 30 randomly selected Rolling Stones concerts, the mean gross earnings is $2.27 million.  Assuming a population standard deviation gross earnings of $0.5 million, obtain a 99% confidence interval for the mean gross earnings of all Rolling Stones concerts.  Interpret your answer in words. (A)  Calculate α and z_(α/2)         (B)  Calculate z_(α/2)∙σ/√n           (C)  Calculate the 99% confidence interval   (D)  Interpret your results

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For 30 randomly selected Rolling Stones concerts, the mean gross earnings is $2.27 million.  Assuming a population standard deviation gross earnings of $0.5 million, obtain a 99% confidence interval for the mean gross earnings of all Rolling Stones concerts.  Interpret your answer in words.

(A)  Calculate α and z_(α/2)        

(B)  Calculate z_(α/2)∙σ/√n          

(C)  Calculate the 99% confidence interval  

(D)  Interpret your results      

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