In a random sample of 100 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3489 with a standard deviation of $2503. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Find and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Select the correct choice below and fill in the answer boxes to complete your choice. (Use ascending order. Round to the nearest dollar as needed.) OA. There is a 90% probability that the mean additional tax owed is between $ B. 90% of taxes owed for estate tax returns are between $ and $ O C. One can be 90% confident that the mean additional tax owed is between $ and $ and $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Part a,b,c

In a random sample of 100 audited estate tax returns, it was determined that the mean amount of additional tax owed
was $3489 with a standard deviation of $2503. Construct and interpret a 90% confidence interval for the mean
additional amount of tax owed for estate tax returns.
Find and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Select
the correct choice below and fill in the answer boxes to complete your choice.
(Use ascending order. Round to the nearest dollar as needed.)
OA. There is a 90% probability that the mean additional tax owed is between $
OB. 90% of taxes owed for estate tax returns are between $ and $
OC. One can be 90% confident that the mean additional tax owed is between $
and $
and $
K
Transcribed Image Text:In a random sample of 100 audited estate tax returns, it was determined that the mean amount of additional tax owed was $3489 with a standard deviation of $2503. Construct and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Find and interpret a 90% confidence interval for the mean additional amount of tax owed for estate tax returns. Select the correct choice below and fill in the answer boxes to complete your choice. (Use ascending order. Round to the nearest dollar as needed.) OA. There is a 90% probability that the mean additional tax owed is between $ OB. 90% of taxes owed for estate tax returns are between $ and $ OC. One can be 90% confident that the mean additional tax owed is between $ and $ and $ K
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