The confidence interval was (57, 61) What was the point estimate? What was the margin of error? You are interested in estimating the the mean age of the citizens living in your community. In order to do this, you plan on constructing a confidence interval; however, you are not sure how many citizens should be included in the sample. If you want your sample estimate to be within 4 years of the actual mean with a confidence level of 97%, how many citizens should be included in your sample? Assume that the standard deviation of the ages of all the citizens in this community is 22 years. (Use Excel to find the appropriate critical value and round it to 3 decimal places.)
The confidence interval was (57, 61)
What was the point estimate?
What was the margin of error?
You are interested in estimating the the mean age of the citizens living in your community. In order to do this, you plan on constructing a confidence interval; however, you are not sure how many citizens should be included in the sample. If you want your sample estimate to be within 4 years of the actual mean with a confidence level of 97%, how many citizens should be included in your sample? Assume that the standard deviation of the ages of all the citizens in this community is 22 years. (Use Excel to find the appropriate critical value and round it to 3 decimal places.)
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