Confidence interval for the average amount spent by tourist

Reference no: EM131372528

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.

Reference no: EM131372528

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