# Question: For a population the value of the standard deviation is

For a population, the value of the standard deviation is 2.65. A sample of 35 observations taken from this population produced the following data.

a. What is the point estimate of µ?

b. Make a 98% confidence interval for µ.

c. What is the margin of error of estimate for part b?

a. What is the point estimate of µ?

b. Make a 98% confidence interval for µ.

c. What is the margin of error of estimate for part b?

**View Solution:**## Answer to relevant Questions

For a population, the value of the standard deviation is 4.96. A sample of 32 observations taken from this population produced the following data. a. What is the point estimate of µ? b. Make a 99% confidence interval for ...Determine the sample size for the estimate of for the following. a. E = .17, σ = .90, confidence level = 99% b. E = 1.45, σ = 5.82, confidence level = 95% c. E = 5.65, σ = 18.20, confidence level = 90% A bank manager wants to know the mean amount of mortgage paid per month by homeowners in an area. A random sample of 120 homeowners selected from this area showed that they pay an average of $1575 per month for their ...What are the parameters of a normal distribution and a t distribution? Explain. a. Find the value of t from the t distribution table for a sample size of 22 and a confidence level of 95%. b. Find the value of t from the t distribution table for 60 degrees of freedom and a 90% confidence level. c. Find ...Post your question