A group of friends go on vacation and buy key chain souvenirs to take home!
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Using the t-distribution, the 96% confidence interval is given as follows:
(18.96, 21.04).
<h3>What is a t-distribution confidence interval?</h3>The confidence interval is:
In which:
is the sample mean.
- t is the critical value.
- n is the sample size.
- s is the standard deviation for the sample.
The critical value, using a t-distribution calculator, for a two-tailed 96% confidence interval, with 100 - 1 = 99 df, is t = 2.0812.
The parameters are given as follows:
Hence the bounds of the interval are:
More can be learned about the t-distribution at brainly.com/question/16162795
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