Question: 8. A simple random sample of size 12 has sample mean of 3.37. The population standard deviation is 1.62. The population is approximately normally distributed.
8. A simple random sample of size 12 has sample mean of 3.37. The population standard deviation is 1.62. The
population is approximately normally distributed. Construct a 95% confidence interval for the population mean. Include
the calculation for margin of error.
14. In a survey of 1118 U.S. adults conducted by the Financial Industry Regulatory Authority, 629 said they always pay
their credit cards in full each month. Construct a 95% confidence interval for the proportion of U.S. adults who pay their
credit cards in full each month. Include calculation for margin of error
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