Confidence interval for the weekly average expenditure

Reference no: EM13824174

Based on a survey of 1,000 adults by Greenfield Online and resported in a May 2009 USA Today Snapshot, adults 24 years of age and under spend a weekly average of $35 on fast food. If 200 of the adults surveyed were in the age catetory of 24 and under and they provided a standard deviation of $14.50, construct a 95% confidence interval for the weekly average expenditure on fast food for adults 24 years of age and under. Assume fast food weekly expenditures are normally distributed.

Reference no: EM13824174

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