Question
In: Statistics and Probability
How much money does the average professional hockey fan spend on food at a single hockey...
How much money does the average professional hockey fan spend on food at a single hockey game? That question was posed to 10 randomly selected hockey fans. The sampled results show that sample mean and standard deviation were $15.00 and $2.65, respectively. Use this information to create a 95% confidence interval for the mean. Express the answer in the form x ± t΅/ 2(s/ sqaure root of n) .
Solutions
Expert Solution
Based on a t distribution , the 95% CI of true mean is
.
Now
In fact 95% CI comes out as [ 14.40053,15.59947]
orchestra answered 2 years agoRelated Solutions
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