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

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 µ.

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

a. What is the point estimate of µ?

b. Make a 99% 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 data set, σ = 12.5 a. How large a sample should be selected so that the margin of error of estimate for a 99% confidence interval for µ is 2.50? b. How large a sample should be selected so that the margin ...A travel agent wants to gather information on the per-night cost at hotels in Caribbean countries. She took a random sample of 52 rooms from various hotels in those countries. The sample produced a mean cost for the 52 rooms ...A marketing researcher wants to find a 95% confidence interval for the mean amount that visitors to a theme park spend per person per day. She knows that the standard deviation of the amounts spent per person per day by all ...Briefly explain the meaning of the degrees of freedom for a t distribution. Give one example. A sample of 18 observations taken from a normally distributed population produced the following data: a. What is the point estimate of µ? b. Make a 99% confidence interval for µ. c. What is the margin of error of estimate ...Post your question