Mathematics, 16.02.2021 02:50 jackchelly
Suppose you asked 100 commuters how much they spend each year and obtained a mean of $167 spent on transportation and a standard deviation of $40. Using the 2 SE rule of thumb, calculate a 95% confidence interval for the mean and select the values that come closest to those that would fill the spaces in the following interpretation: we can be 95% confident that the mean amount of money spent on transportation lies between and .
Answers: 3
= $40
($)
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Suppose you asked 100 commuters how much they spend each year and obtained a mean of $167 spent on t...
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