The Statistics Games are played by a large number of teams across the county. Teams raise money to cover expenses incurred by participating. You want to estimate the mean amount of money raised by teams. You take a random sample of 36 teams and find a mean of $375, with a standard deviation of $32. Interpret your confidence interval, in plain English, in context of the problem.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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The Statistics Games are played by a large number of teams across the county. Teams raise money to cover expenses incurred by participating. You want to estimate the mean amount of money raised by teams. You take a random sample of 36 teams and find a mean of $375, with a standard deviation of $32. Interpret your confidence interval, in plain English, in context of the problem.   

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