- find the sample mean. . construct a 90% confidence interval for the population mean. .construct a 95% confidence interval for the population mean.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
5. In a random sample of five airlines, the round trip fare from Ontario to San Francisco is found
to be $266, $288, $297, $316, and $384. Assume that airfares are normally distributed with a
standard deviation of $45 dollars.
a. find the sample mean.
b. construct a 90% confidence interval for the population mean.
c. construct a 95% confidence interval for the population mean.
N(0,1)
Transcribed Image Text:5. In a random sample of five airlines, the round trip fare from Ontario to San Francisco is found to be $266, $288, $297, $316, and $384. Assume that airfares are normally distributed with a standard deviation of $45 dollars. a. find the sample mean. b. construct a 90% confidence interval for the population mean. c. construct a 95% confidence interval for the population mean. N(0,1)
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman