According to Entrepreneur Magazine, Vol. 23, No. 10, the start-up cost for a new candy store (in thousands of dollars) is: 95 95 75 94 77 100 85 UNG Use these data to create a 98% confidence interval for the mean start-up cost for a new candy store. $77,100 < pop. mean < $100,320 $91,130 < pop. mean < $99,520 $78,300 < pop. mean < $95,640 O $80,100 < pop. mean < $97,320
According to Entrepreneur Magazine, Vol. 23, No. 10, the start-up cost for a new candy store (in thousands of dollars) is: 95 95 75 94 77 100 85 UNG Use these data to create a 98% confidence interval for the mean start-up cost for a new candy store. $77,100 < pop. mean < $100,320 $91,130 < pop. mean < $99,520 $78,300 < pop. mean < $95,640 O $80,100 < pop. mean < $97,320
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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![According to Entrepreneur Magazine, Vol. 23, No. 10, the start-up cost for a new candy store (in
thousands of dollars) is:
95
95
75
94
77
100
85
BUNG
Use these data to create a 98% confidence interval for the mean start-up cost for a new candy
store.
O $77,100 < pop. mean < $100,320
$91,130 < pop. mean < $99,520
O $78,300 < pop. mean < $95,640
O $80,100 < pop. mean < $97,320](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdeae3e53-8198-47af-b898-a7f75e03b8ea%2F15ff9faf-8f65-4bba-8af8-ad904d75a8c9%2Frwl5ghw_processed.jpeg&w=3840&q=75)
Transcribed Image Text:According to Entrepreneur Magazine, Vol. 23, No. 10, the start-up cost for a new candy store (in
thousands of dollars) is:
95
95
75
94
77
100
85
BUNG
Use these data to create a 98% confidence interval for the mean start-up cost for a new candy
store.
O $77,100 < pop. mean < $100,320
$91,130 < pop. mean < $99,520
O $78,300 < pop. mean < $95,640
O $80,100 < pop. mean < $97,320
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