Online Schooling You are planning to buy a cellphone with a good quality in order to attend the online class. The average price of 50 cellphones is Php13,500 with a margin of error of Php 273.65 and a confidence level of 99%. What is the lower limit? What is the upper limit? What is the confidence interval? If you have P13,100.00, is the amount lies within the confidence interval?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 3BGP
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Solve for the following
Online Schooling
You are planning to buy a cellphone with a good quality in order to attend
the online class. The average price of 50 cellphones is Php13,500 with a margin of
error of Php 273.65 and a confidence level of 99%.
What is the lower limit?
What is the upper limit?
What is the confidence interval?
If you have P13,100.00, is the amount lies within the confidence interval?
Transcribed Image Text:Online Schooling You are planning to buy a cellphone with a good quality in order to attend the online class. The average price of 50 cellphones is Php13,500 with a margin of error of Php 273.65 and a confidence level of 99%. What is the lower limit? What is the upper limit? What is the confidence interval? If you have P13,100.00, is the amount lies within the confidence interval?
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