Question

3. A store manager reports that the mean grocery bill at her store on a Saturday is between

$28.25 and $36.75. To do this, she considered a random sample of customers that Saturday.
What was the sample mean? (Remember that the sample mean is the center of the confidence
interval). What was the margin of error?

Answer 1

Hope you understand, and never stop striving to learn!

Explanation:

The sample mean is both values added together then divided by 2.

$46.63

The margin of error is the low value divided by the high value * 100% =76.8% (then you have to minus this from 100% so the margin of error is 23.2%)