In a survey, 18 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $37 and standard deviation of $10. Construct a confidence interval at a 99% confidence level. Give your answers to one decimal place. ± Interpret your confidence interval in the context of this problem.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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In a survey, 18 people were asked how much they spent on their child's last birthday gift. The results were
roughly bell-shaped with a mean of $37 and standard deviation of $10. Construct a confidence interval at a
99% confidence level.
Give your answers to one decimal place.
±
Interpret your confidence interval in the context of this problem.
Transcribed Image Text:In a survey, 18 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $37 and standard deviation of $10. Construct a confidence interval at a 99% confidence level. Give your answers to one decimal place. ± Interpret your confidence interval in the context of this problem.
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