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 153 134.37 Median TrMean 134.38 134.39 St Dev 4.58 SE Mean 0.37 Minimum 122.20 We are 99% confident that the true average ultimate tensile strength is greater than Maximum 147.70 Q1 Q3 133.85 137.25 ksi.

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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
153
Mean
134.37
Median
134.38
TrMean St Dev
134.39 4.58
SE Mean
0.37
Minimum
122.20
Maximum
147.70
We are 99% confident that the true average ultimate tensile strength is greater than
You may need to use the appropriate table in the Appendix of Tables to answer this question.
Q1
133.85
ksi.
Q3
137.25
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 153 Mean 134.37 Median 134.38 TrMean St Dev 134.39 4.58 SE Mean 0.37 Minimum 122.20 Maximum 147.70 We are 99% confident that the true average ultimate tensile strength is greater than You may need to use the appropriate table in the Appendix of Tables to answer this question. Q1 133.85 ksi. Q3 137.25
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