In: Statistics and Probability
A simple random sample with n=56 provided a sample mean of 24 and a sample standard deviation of 4.6.
a. Develop a 90% confidence interval for the population mean (to 1 decimal). ,
b. Develop a 95%confidence interval for the population mean (to 1 decimal). ,
c. Develop a 99% confidence interval for the population mean (to 1 decimal). ,
d. What happens to the margin of error and the confidence interval as the confidence level is increased?