Todd is saving for a vacation. The cost of his vacation is $1,089. Todd has a year to save the money. About how much does he nee
2 answers:
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The <em><u>correct answer</u></em> is:
c)75.4 to 94.6
Explanation:
The formula for a confidence interval is:
,
where μ is the mean, z is the z-score associated with the level of confidence we want, σ is the standard deviation, and n is the sample size.
Our mean is 85, our standard deviation is 12, our sample size is 6, and since we want 95% confidence, our z-score is 1.96: