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In a survey, 20 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $32 and standard deviation of $6. Find the margin of error at a 80% confidence level.Give your answer to two decimal places.

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SOLUTION

Given the question in the image, the following are the solution steps to answer the question.

STEP 1: Write the given values

[tex]\mu=32,\sigma=6,n=20,CI=\frac{80}{100}=0.8[/tex]

STEP 2: Calculate the Margin of error

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