Suppose, according to a 1990 demographic report, the average U. S. household spends $90 per day. Suppose you recently took a random sample of 30 households in Huntsville and the results revealed a mean of $84.50. Suppose the standard deviation is known to be $14.50. Using a 0.05 level of significance, Create the 95 % Confidence Interval for the population mean using the information above?
Suppose, according to a 1990 demographic report, the average U. S. household spends $90 per day. Suppose you recently took a random sample of 30 households in Huntsville and the results revealed a mean of $84.50. Suppose the standard deviation is known to be $14.50. Using a 0.05 level of significance, Create the 95 % Confidence Interval for the population mean using the information above?
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