1. (6 pts) Assume that a sample is used to estimate a population mean . Find...
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1. (6 pts) Assume that a sample is used to estimate a population mean . Find the margin of error M.E. that corresponds to a sample of size 7 with a mean of 50.8 and a standard deviation of 10.2 at a confidence level of 80%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places. 1. (6 pts) Assume that a sample is used to estimate a population mean . Find the margin of error M.E. that corresponds to a sample of size 7 with a mean of 50.8 and a standard deviation of 10.2 at a confidence level of 80%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
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