3. Scarlett and Heather own an upscale restaurant in Dayton, Ohio, and want to study the spending habits of their customers. The results from a sample of 20 customers are as follows: Amount spent: xbar = $38.54, sample standard deviation = $7.26 Construct a 95% confidence interval estimate for the population mean amount spent per customer in the restaurant. Point Estimate Alpha Critical Value Standard Error Answers Margin of Error Confidence Interval Limits

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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3. Scarlett and Heather own an upscale restaurant in Dayton, Ohio, and want to study
the spending habits of their customers. The results from a sample of 20 customers
are as follows: Amount spent: xbar = $38.54, sample standard deviation = $7.26
Construct a 95% confidence interval estimate for the population mean amount spent
per customer in the restaurant.
Point Estimate
Alpha
Critical Value
Standard Error
Answers
Margin of Error
Confidence Interval Limits
Transcribed Image Text:3. Scarlett and Heather own an upscale restaurant in Dayton, Ohio, and want to study the spending habits of their customers. The results from a sample of 20 customers are as follows: Amount spent: xbar = $38.54, sample standard deviation = $7.26 Construct a 95% confidence interval estimate for the population mean amount spent per customer in the restaurant. Point Estimate Alpha Critical Value Standard Error Answers Margin of Error Confidence Interval Limits
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