Data were collected on the amount spent by 64 customers for lunch at a major Houston restaurant. Part a) At 95% confidence, what is the margin of error? Part b) Develop a 99% confidence interval estimate of the mean amount spent for lunch. amount 20.50 14.63 23.77 29.96 29.49 32.70 9.20 20.89 28.87 15.78 18.16 12.16 11.22 16.43 17.66 9.59 18.89 19.88 23.11 20.11 20.34 20.08 30.36 21.79 21.18 19.22 34.13 27.49 36.55 18.37 32.27 12.63 25.53 27.71 33.81 21.79 19.16 26.35 20.01 26.85 13.63 17.22 13.17 20.12 22.11 22.47 20.36 35.47 11.85 17.88 6.83 30.99 14.62 18.38 26.85 25.10 27.55 25.87 14.37 15.61 26.46 24.24 16.66 20.85

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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Data were collected on the amount spent by 64 customers for lunch at a major Houston restaurant.  

Part a) At 95% confidence, what is the margin of error?

Part b) Develop a 99% confidence interval estimate of the mean amount spent for lunch. 

amount

20.50
14.63
23.77
29.96
29.49
32.70
9.20
20.89
28.87
15.78
18.16
12.16
11.22
16.43
17.66
9.59
18.89
19.88
23.11
20.11
20.34
20.08
30.36
21.79
21.18
19.22
34.13
27.49
36.55
18.37
32.27
12.63
25.53
27.71
33.81
21.79
19.16
26.35
20.01
26.85
13.63
17.22
13.17
20.12
22.11
22.47
20.36
35.47
11.85
17.88
6.83
30.99
14.62
18.38
26.85
25.10
27.55
25.87
14.37
15.61
26.46
24.24
16.66
20.85

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