A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on a random sample of 50​nonprofits, the mean​ one-time gift donation in the past year was​$34​,with a standard deviation of$88.Complete parts a and b below.a. Construct a 95​%confidence interval estimate for the population​ one-time gift donation.27≤μ≤41.01​(Type integers or decimals rounded to two decimal places as​ needed.)

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Asked Oct 18, 2019
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A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on a random sample of 50​nonprofits, the mean​ one-time gift donation in the past year was
​$34​,with a standard deviation of$88.
Complete parts a and b below.
a. Construct a 95​%confidence interval estimate for the population​ one-time gift donation.
27≤μ≤41.01
​(Type integers or decimals rounded to two decimal places as​ needed.)
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Expert Answer

Step 1

From the given information, the sample size is 50, the sample mean is 34 and the sample standard deviation is 8.

The degree of freedom is, – 1 = 50– 1 = 49.

The level of ...

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