Question: Problems 3 and 4 0 = $35 3. A sample of 60 faculty members at a large university found that their average taxes were $500

Problems 3 and 4 0 = $35 3. A sample of

Problems 3 and 4

0 = $35 3. A sample of 60 faculty members at a large university found that their average taxes were $500 a month, with a standard deviation of $35. What is the 90% confidence interval (CI) and margin of error (ME) of the average taxes of all faculty members at the university? n = 12 * = 35. 6 4. Construct the 95% confidence interval (CI) and margin of error (ME) when given sample size, sample mean, and standard deviation s = 6.4

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