A research firm conducted a survey to determine the mean repair cost on refrigerators. They found that the distribution of repair costs followed the normal distribution with a population standard deviation of $12.22. A random sample of 50 refrigerators had a mean repair cost of $73.00. Round your answer in part (a) to 2 decimal places. (a) What is the critical z-value that will need to be used to calculate the 95% confidence interval? Round your answers in part (b) to 2 decimal places. (b) What is the 95% confidence interval? < µ < Round your answer in part (c) to 2 decimal places. (c) What is the critical z-value that will need to be used to calculate the 98% confidence interval? Round your answers in part (d) to two decimal places. (d) What is the 98% confidence interval?
A research firm conducted a survey to determine the mean repair cost on refrigerators. They found that the distribution of repair costs followed the normal distribution with a population standard deviation of $12.22. A random sample of 50 refrigerators had a mean repair cost of $73.00. Round your answer in part (a) to 2 decimal places. (a) What is the critical z-value that will need to be used to calculate the 95% confidence interval? Round your answers in part (b) to 2 decimal places. (b) What is the 95% confidence interval? < µ < Round your answer in part (c) to 2 decimal places. (c) What is the critical z-value that will need to be used to calculate the 98% confidence interval? Round your answers in part (d) to two decimal places. (d) What is the 98% confidence interval?
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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