MathCastle
StatisticsMediumConfidence Intervals

Confidence Intervals · Medium problem

A random sample of 99 bags of rice has mean weight xˉ=50\bar x = 50 oz and standard deviation s=6s = 6 oz. Using t∗=2.306t^* = 2.306 (88 degrees of freedom, 95%95\%), find the margin of error of the 95%95\% confidence interval for the mean. Give the exact value.