Assume that a sample is used to estimate the mean tip earned by a serving staff at a diner. Find the margin of error M.E. that corresponds to a sample of size 23 servers with a mean of $76.33 and a standard deviation of $6.23 at a confidence level of 99%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
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Assume that a sample is used to estimate the mean tip
earned by a serving staff at a diner. Find the margin of error
M.E. that corresponds to a sample of size 23 servers with a
mean of $76.33 and a standard deviation of $6.23 at a
confidence level of 99%.
Report ME accurate to one decimal place because the sample
statistics are presented with this accuracy.
M.E.
=
$
Transcribed Image Text:Assume that a sample is used to estimate the mean tip earned by a serving staff at a diner. Find the margin of error M.E. that corresponds to a sample of size 23 servers with a mean of $76.33 and a standard deviation of $6.23 at a confidence level of 99%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = $
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