A certain department store is interested in estimating the average amount its credit card customers spent on their first visit. Fifteen credit card accounts were randomly sampled and analyzed with the following results: x2.525 pesos and 720,000 Construct a 95% confidence interval for the average amount its credit card customers spent in the store. 2,425.00<<2,625.52 2,454.45<<2,696.14 2,446.86<<2,603.14 7.7848652.666.05

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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A certain department store is interested in estimating the average amount its credit card customers spent on their first visit. Fifteen
credit card accounts were randomly sampled and analyzed with the following results: x=2.525 pesos and s²=20,000
Construct a 95% confidence interval for the average amount its credit card customers spent in the store.
A 2,425.00<<2,625.52
B 2,454.45<<2,696.14
2,446.86<<2,603.14
D2,384.86<<2,666.05
Transcribed Image Text:A certain department store is interested in estimating the average amount its credit card customers spent on their first visit. Fifteen credit card accounts were randomly sampled and analyzed with the following results: x=2.525 pesos and s²=20,000 Construct a 95% confidence interval for the average amount its credit card customers spent in the store. A 2,425.00<<2,625.52 B 2,454.45<<2,696.14 2,446.86<<2,603.14 D2,384.86<<2,666.05
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