The housing market has recovered slowly from the economic crisis of 2008. Recently, in one large community, realtors randomly sampled 36 bids from potential buyers to estimate the average loss in home...

The housing market has recovered slowly from the economic crisis of 2008.
Recently, in one large community, realtors randomly sampled 36 bids from potential buyers to estimate the average loss in home value. The sample showed the average loss was $9,560 with a standard deviation of $1,500. A 90% confidence interval is found using StatCrunch as below:

One sample T summary confidence interval:
μ : Mean of population
90% confidence interval results:

(d)  Determine the margin of error for this 90% confidence interval.

(e)  Interpret this confidence interval within the context.
One sample T summary confidence interval: