A random sample of 24 used SUVs sold online on a popular website had an average price of $25,599 with a sample standard deviation of $3,035. Find the 99% confidence interval for µ, the population mean price of all used SUVs on the website. A. (23860, 27338) B. (24317, 26881) C. (24385, 26813) D. (24003, 27195)
A random sample of 24 used SUVs sold online on a popular website had an average price of $25,599 with a sample standard deviation of $3,035. Find the 99% confidence interval for µ, the population mean price of all used SUVs on the website. A. (23860, 27338) B. (24317, 26881) C. (24385, 26813) D. (24003, 27195)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
A random sample of 24 used SUVs sold online on a popular website had an average price of $25,599 with a sample standard deviation of $3,035. Find the 99% confidence interval for µ, the population mean price of all used SUVs on the website.
A. |
(23860, 27338) |
|
B. |
(24317, 26881) |
|
C. |
(24385, 26813) |
|
D. |
(24003, 27195) |
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