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In a group of 14 young professionals studied, it was found that they purchased on average...

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Question

Basic Math

In a group of 14 young professionals studied, it was found thatthey purchased on average $171.719 per month eating meals preparedoutside the home, with a standard deviation of $36.011. What is the90% confidence interval of the true amount of money youngprofessionals spend monthly on meals prepared outside the home?

Question 3 options:

1)

( 162.095 , 181.343 )

2)

( 169.948 , 173.49 )

3)

( -154.675 , 188.763 )

4)

( 154.675 , 188.763 )

5)

( 154.771 , 188.667 )

Answer & Explanation Solved by verified expert
3.7 Ratings (342 Votes)
Solution Given thatPoint estimate sample mean 171719sample standard    See Answer
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