A simple random sample of 59 colleges and universities in the United State had a mean tuition of $18,661 with a standard deviation of $9,031. a. Construct a 83% confidence interval for the mean tuition for all colleges and universities in the United States. Please round the answers to 3 decimal places Critical value: 2 or t* = Margin of Error: E = Confidence Interval: [ (Enter the positive one.) b. Interpret your result in part (a) in a complete sentence.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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A simple random sample of 59 colleges and universities in the United State had a mean tuition of $18,661
with a standard deviation of $9,031.
a. Construct a 83% confidence interval for the mean tuition for all colleges and universities in the
United States.
Please round the answers to 3 decimal places
Critical value: 2* or t*
Margin of Error: E
=
Confidence Interval: [
=
(Enter the positive one.)
b. Interpret your result in part (a) in a complete sentence.
Transcribed Image Text:A simple random sample of 59 colleges and universities in the United State had a mean tuition of $18,661 with a standard deviation of $9,031. a. Construct a 83% confidence interval for the mean tuition for all colleges and universities in the United States. Please round the answers to 3 decimal places Critical value: 2* or t* Margin of Error: E = Confidence Interval: [ = (Enter the positive one.) b. Interpret your result in part (a) in a complete sentence.
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