MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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5.
An average fee for an Information Technology Degree program at private universities
in Malaysia is RM4081 for an academic year 2022-2023. Suppose that this mean is
based on a random sample of 100 universities and a sample standard deviation of
RM845.
a) Make a 95% confidence interval for the corresponding population mean.
b) Provide the interpretation for your answer obtained in 6(a).
c) Find the margin error
d) How can we reduce the margin error?
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Transcribed Image Text:5. An average fee for an Information Technology Degree program at private universities in Malaysia is RM4081 for an academic year 2022-2023. Suppose that this mean is based on a random sample of 100 universities and a sample standard deviation of RM845. a) Make a 95% confidence interval for the corresponding population mean. b) Provide the interpretation for your answer obtained in 6(a). c) Find the margin error d) How can we reduce the margin error?
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