Question: Question # 3 A large university is interested in estimating the cost of off- campus housing . A random Sample of 45 one bedroom units


Question # 3 A large university is interested in estimating the cost of off- campus housing . A random Sample of 45 one bedroom units within a half-mile of campus was selected . The mean and the standard deviation of the sample were $658 and $48.15 respectively. Assume that the distributions of costs is not strongly Skewed and is without outliers # 1 / Compute the Margin of Error for 95%. Confidence. Round to 3 decimals ! #2 Cumpure the 95% . Confidence interval for the population mean . write the interval using interval notation! #3 . Provide a clear interpretation of the 95% . Confidence interval for the population mean
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