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A student conducted a survey among 100 current and former students in a particular class. The...

A student conducted a survey among 100 current and former students in a particular class. The students asked (hypothetically, of course) how much money would it take to successfully bribe the instructor? One answer came back as "If you have to ask, you can't afford it". Among the remaining 99 answers, the average amount was $250,420 with a standard deviation of $48,097.

Calculate the 90% confidence interval for the average amount students think it would take to successfully bribe the instructor (again, purely hypothetical). Interpret your confidence interval.

math   Statistics-And-Probability   
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He, we have, 2 50 42b 480 97 At 90 Contidencu intnval * Zorit 645 Contden Ce in terval fan average amount of studnt 90 2 50

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