Question: The Big House Suppose that we take a random sample of 100 University of Michigan football fans who are attending a fall game in The
The Big House Suppose that we take a random sample of 100 University of Michigan football fans who are attending a fall game in "The Big House." A 95% confidence interval for the mean amount spent on food meets assumptions and is found to be $4.62 to $7.74. Decide whether or not each statement given below is a correct conclusion that can be drawn from the confidence interval. Answer Correct or Incorrect for each statement. (a) We can be 95% confident that the average amount spent on food per person for all the fans at the game is between $4.62 and $7.74. (b) About 95% of all the people at the game spent between $4.62 and $7.74 on food. (c) About 95% of the 100 fans sampled spent between $4.62 and $7.74 on food
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