A student in a large lecture section asked students how much they paid for a used copy
Question:
Exi = 3230.84 dollars ∑(xi - )2 = 2028.35
(a) Give a point estimate of μ, the mean price paid.
(b) Determine the estimated standard error.
(c) Calculate the 95% error margin.
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Bhavik Bhayana
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Related Book For 
Statistics Principles And Methods
ISBN: 9780470904114
7th Edition
Authors: Richard A. Johnson, Gouri K. Bhattacharyya
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