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 co two decimal places.) 20 Median TrMean StDev 153 134.43 134.44 134.45 SE Mean 0.36 Minimum Maximum 124.30 149.60 03 137.15 131.95

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.3: Measures Of Spread
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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
153 134.43
Median TrMean St Dev
134.44 134.45 4.47
SE Mean
0.36
Minimum Maximum
124.30
149.60
Q1
131.95
Q3
137.15
ksi.
We are 99% confident that the true average ultimate tensile strength is greater than
Transcribed Image Text: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 153 134.43 Median TrMean St Dev 134.44 134.45 4.47 SE Mean 0.36 Minimum Maximum 124.30 149.60 Q1 131.95 Q3 137.15 ksi. We are 99% confident that the true average ultimate tensile strength is greater than
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