Assume that a sample is used to estimate a population mean μμ. Find the margin of errorM.E. that corresponds to a sample of size 24 with a mean of 38.1 and a standard deviation of 10.1 at a confidence level of 99%.Recall: M.O.E. = t*⋅(s√n)⋅(sn)Report ME accurate to one decimal place because the sample statistics are presented with this accuracy.M.E. =Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
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