Confidence interval for average amount spent by tourist


Assignment:

To aid in planning the development of a tourist shopping area, a state agency wants to estimate the average dollar amount spent by a tourist in an existing shopping area. A random sample of 56 tourists gives x = $258 and s = $85. Give a 95% confidence interval for the average amount spent by a tourist at the shopping area.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Basic Statistics: Confidence interval for average amount spent by tourist
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