Inactive Tutor answered 06/24/26
The sample results are roughly bell-shaped, so we can assume a normal distribution.
We don't know the population standard deviation, but we know the sample standard deviation, so we will use a TInterval.
Tech: TInterval(x: 42, Sx: 8, n: 25, C-Level: 0.8) ≈ {39.89, 44.11}
We are 80% confidence that the interval between $39.89 and $44.11 contains the true population mean of money people spent on their child's last birthday gift.