Raymond B. answered 11/23/23
Math, microeconomics or criminal justice
z=2.326 for 98%
MOE=z +sd/sqr(n)= 2.326(4/sqr25)= 2.326(.8)= about 1.86

Neeta G.
12/01/23
Mekhia M.
asked 11/23/23In a survey, 25 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $41 and standard deviation of $4. Find the margin of error at a 98% confidence level.
Give your answer to two decimal places.
Raymond B. answered 11/23/23
Math, microeconomics or criminal justice
z=2.326 for 98%
MOE=z +sd/sqr(n)= 2.326(4/sqr25)= 2.326(.8)= about 1.86
Neeta G.
12/01/23
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