Pregunta 2 An economist is interested in studying the incomes of consumers in a particular region. The population standard deviation is known to be $1,000. A random sample of 80 individuals resulted in an average income of $15,000. What is the upper end point in a 99% confidence interval for the average income? Answer: Upper End Point: $ (use 2 decimal places)

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Pregunta 2
An economist is interested in studying the incomes of consumers in a particular region. The population standard deviation is known
to be $1,000. A random sample of 80 individuals resulted in an average income of $15,000. What is the upper end point in a 99%
confidence interval for the average income?
Answer: Upper End Point: $
(use 2 decimal places)
Espacio en Blanco 1:
Transcribed Image Text:Pregunta 2 An economist is interested in studying the incomes of consumers in a particular region. The population standard deviation is known to be $1,000. A random sample of 80 individuals resulted in an average income of $15,000. What is the upper end point in a 99% confidence interval for the average income? Answer: Upper End Point: $ (use 2 decimal places) Espacio en Blanco 1:
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