3. A t-based confidence interval for the mean price indian mango is calculated using asimple random sample of indian mango prices for 50 stores. Given that the 99%confidence interval is Php 3.32 < µ < Php 3.98, calculate the sample mean price foran indian mango?

Given: The 99% confidence interval is (3.32, 3.98).

Answered: 3. A t-based confidence interval for…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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3. A t-based confidence interval for the mean price indian mango is calculated using a simple random sample of indian mango prices for 50 stores. Given that the 99% confidence interval is Php 3.32 < µ < Php 3.98, calculate the sample mean price for an indian mango?