A sample of ultimate tensile strength observations (ksi) was taken. Use the accompanying descriptive statistics output from Minitab to calculate a 99% lower confidence bound for true average ultimate tensile strength, and interpret the result. (Round your answer to two decimal places.) N Mean Median TrMean StDev SE Mean Minimum Maximum Q1 Q3 153 131.46 131.47 131.48 4.55 0.37 123.10 149.60 131.85 139.15 We are 99% confident that the true average ultimate tensile strength is greater than ______ ksi.
A sample of ultimate tensile strength observations (ksi) was taken. Use the accompanying descriptive statistics output from Minitab to calculate a 99% lower confidence bound for true average ultimate tensile strength, and interpret the result. (Round your answer to two decimal places.) N Mean Median TrMean StDev SE Mean Minimum Maximum Q1 Q3 153 131.46 131.47 131.48 4.55 0.37 123.10 149.60 131.85 139.15 We are 99% confident that the true average ultimate tensile strength is greater than ______ ksi.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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A sample of ultimate tensile strength observations (ksi) was taken. Use the accompanying descriptive statistics output from Minitab to calculate a 99% lower confidence bound for true average ultimate tensile strength, and interpret the result. (Round your answer to two decimal places.)
N | Mean | TrMean | StDev | SE Mean | Minimum | Maximum | Q1 | Q3 | |
---|---|---|---|---|---|---|---|---|---|
153 | 131.46 | 131.47 | 131.48 | 4.55 | 0.37 | 123.10 | 149.60 | 131.85 | 139.15 |
We are 99% confident that the true average ultimate tensile strength is greater than ______ ksi.
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