MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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**Starting salaries of 110 college graduates who have taken a statistics course have a mean of $44,966 and a standard deviation of $10,302.**

**Using 99% confidence, find both of the following:**

A. **The margin of error \( E \):**

[  ]

B. **The confidence interval for the mean \( \mu \):**

[  ] \( < \mu < \) [  ]
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Transcribed Image Text:**Starting salaries of 110 college graduates who have taken a statistics course have a mean of $44,966 and a standard deviation of $10,302.** **Using 99% confidence, find both of the following:** A. **The margin of error \( E \):** [ ] B. **The confidence interval for the mean \( \mu \):** [ ] \( < \mu < \) [ ]
Expert Solution
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Step 1: Information given is

sample size(n)=110

Mean(top enclose straight x)=44966

standard deviation(s)=10302

confidence level=99%

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