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Answer :
Answer:
99% confidence interval for [tex]\mu = 73220 \pm 565.4[/tex]
Step-by-step explanation:
Sample mean = [tex]\bar{x} =73220[/tex]
Standard deviation = s = 4400
Z at 99% confidence level = 2.57
Sample = n = 400
Formula of confidence interval :[tex]\bar{x} \pm Z \times \frac{s}{\sqrt{n}}[/tex]
Substitute the values in the formula :
So,99% confidence interval for [tex]\mu = 73220 \pm 2.57 (\frac{4400}{\sqrt{400}})[/tex]
99% confidence interval for [tex]\mu = 73220 \pm 565.4[/tex]
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