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In order to analyze the salaries of former students, 23 former students were randomly surveyed. The average and standard
Posted: Wed May 11, 2022 10:42 am
by answerhappygod
- In Order To Analyze The Salaries Of Former Students 23 Former Students Were Randomly Surveyed The Average And Standard 1 (21.15 KiB) Viewed 26 times
In order to analyze the salaries of former students, 23 former students were randomly surveyed. The average and standard deviation of monthly salaries of these students were $3,978 and $461, respectively. What is the margin of error of the 99% confidence interval for the true mean monthly salary of all former students? Assume the population is normally distributed. Round your answer to two decimal places (the hundredths place).