In a random sample of 49 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3423 with a standard deviation of $2585
Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns.
The lower bound is $___(Round to the nearest dollar as needed.) The upper bound is $___ (Round to the nearest dollar as needed.)
Interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Choose the correct answer below.
A.One can be 90% confident that the mean additional tax owed is between the lower and upper bounds.
B.One can be 90% confident that the mean additional tax owed is less than the lower bound.
C.One can be 90% confident that the mean additional tax owed is greater than the upper bound.
In a random sample of 49 audited estate tax returns, it was determined that the mean...
In a random sample of 64 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3423 with a standard deviation of $2516. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. The lower bound is $_ . (Round to the nearest cent as needed.) The upper bound is $_. (Round to the nearest cent as needed.) Interpret a 90% confidence interval for the...
In a random sample of 49 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3455 with a standard deviation of $2501. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Click the icon to view the t-distribution table. The lower bound is $ . (Round to the nearest dollar as needed.) The upper bound is $ |(Round to the nearest dollar as...
In a random sample of 64 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3435 with standard deviation of $2559. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Click the icon to view the t-distribution table. The lower bound is $. (Round to the nearest dollar as needed.) The upper bound is $(Round to the nearest dollar as needed.) Interpret a...
In a random sample of 49 audited estate tax returns, it for the mean additional amount of tax owed for estate tax returns mean amount of was d termined that the mean amont of atational tax owed was $3447 with a standard deuon of S2000 Construt and interpret a 90% crfdence interval Click the icon to view the t-dstribution table The lower bound is $©(Round to the nearest dolar as needed.) The upper bound is sRound to the nearest dollar...
In a random sample of 81 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3447 with a standard deviation of $2590. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. The lower bound is = (Round to the nearest dollar as needed)
In a random sample of 100 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3432 with a standard deviation of $2588. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Click the icon to view the t-distribution table. The lower bound is $ (Round to the nearest dollar as needed.)
In a random sample of 100 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3401 with a standard deviation of $2506. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Find and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Select the correct choice below and fill in the answer boxes to complete...
In a random sample of 81 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3463 with a standard deviation of $2517. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Click the icon to view the t-distribution table. The lower bound is $ (Round to the nearest dollar as needed.)
9.3 In a random sample of 81 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3425 with a standard deviation of $2547. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Click the icon to view the t-distribution table. The lower bound is 2960 (Round to the nearest dollar as needed.)
In a random sample of 100 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3418 with a standard deviation of $2560. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. What are the lower and upper bounds?