In a random sample of eight cell phones, the mean full retail price was $486.00 and the standard deviation was $187.00. Assume the population isnormally distributed and use the t-distribution to find the margin of error and construct a 95% confidence interval for the population mean μ. Interpret theresults.Identify the margin of error.(Round to one decimal place as needed.)

Sample of size(n)=8sample mean()=$486.00sample standard deviation(s)=$187.00

Answered: In a random sample of eight cell…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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