A researcher conducted an Internet survey of 500 students at a particular college to estimate the average amount of money students spend on groceries per week. The data are normally distributed, with the highest weekly amount being $200 and the lowest weekly amount being $75. The sample mean is $140. What is the margin of error (ME), rounded to the nearest hundredth, for this college? {nl} {nl} Hint: where SD is the standard deviation, XH is the high value, and XL is the low value {nl} {nl} Hint: where SD is the standard deviation and N is the sample size.
A. ME = ±$2.15
B. ME = ±$931.69
C. ME = ±$1.86
D. ME = ±$1.80