Calculate the upper and lower limit for a 95% confidence interval about this mean.

a family needs a new car, but isn't sure they can fit the payment into their budget. a sample of 36 months of grocery bills yields a mean of $94 with a standard deviation of $10. if the upper limit of a 95% confidence level is below $100, the family can afford to buy the car.

standard error = (standard deviation)/(square root of sample size)

upper limit (dollars and cents)

lower limit (dollars and cents)

it is 10.6 according to my calculations

answer: 33 ( approx)

step-by-step explanation:

since, in the linear regression formula, the slope is the a in the equation y = b + ax ( by comparing it with the general equation of line y = mx + c )

where,

here given table is,

price ($), x   :           18         23       25       29       30       33

pairs sold, y :         16         13         10       8         6       2

so, ,   ,   ,

and   ,

thus, slop of the given line is,

⇒  

⇒   ≈ 33