A new diet program called SlipAway claims that people who go on the diet will lose an average of 10 pounds in the first 4 weeks of the diet. To test this claim, you collect a random sample of 100 people on the SlipAway. You find that they lost an average of 9.2 pounds in the first 4 weeks of the diet with a standard deviation of 3 pounds.
Construct a 99% confidence interval around the point estimate. Remember to: (1) choose an alpha, 2) find the z score & 3) calculate the confidence interval.
What is the upper limit of the confidence interval, rounded to 2 decimals?
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