What is the savings rate per month?
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Answer:
Step-by-step explanation:
Hello!
You have to estimate the mean length of 4000 b.c. human skulls trough a 95% confidence interval.
You know that
n= 6 human skulls
= 94.2mm
S= 4.9
Assuming that the variable X: length of a 4000b.c. human skull (mm) has a normal distribution, to construct the interval you have to use the t statistic:
[ ±
]
[94.2 ± 2.571 * ]
[89.06; 99.34]mm
With a 95% confidence level you'd expect the interval [89.06; 99.34]mm to contain the value for the average skull length for humans 4000 b.c.
I hope this helps!