Solve the Problem $\$ 3595$ Assuming That $\sigma = \$ 898$

question 80

Multiple Choice

Solve the problem.
-A sample of 71 college students yields a mean annual income of $\$ 3595$ . Assuming that $\sigma = \$ 898$ , find the margin of error in estimating $\mu$ at the $99 \%$ level of confidence.

• A)\(\$ 248\)
• B) \(\$ 1099\)
• C) \(\$ 274\)
• D) \(\$ 209\)

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Canada

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Men and Women

Refers to the two primary categories of gender identity traditionally recognized in human societies, each associated with different social, cultural, and biological attributes.

Equal Value

The principle that different entities, such as work, goods, or individuals, have the same worth or importance, often discussed in the context of pay equity, human rights, and social justice.

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