In a random sample of eleven cell phones, the mean full retail price was $472.50 and the standard deviation was $223.00. Assume the population is normally distributed and use the t-distribution to find the margin of error and construct a 95% confidence interval for the population mean u. Interpret the results. Identify the margin of error. (Round to one decimal place as needed.) Construct a 95% confidence interval for the population mean. (Round to one decimal place as needed.) Interpret the results. Select the correct choice below and fill in the answer box to complete your choice. (Type an integer or a decimal. Do not round.) O A. With % confidence, it can be said that the population mean full retail price of cell phones (in dollars) is between the interva's endpoints. O B.% of all random samples of eleven people from the population of cell phones will have a mean full retail price (in dollars) that is between the intervals endpoints. O C. It can be said that % of the population of cell phones have full retail prices (in dollars) that are between the interval's endpoints. O D. With % confidence, it can be said that most cell phones in the population have full retail prices (in dollars) that are between the interval's endpoints Next Textbook Calculator 9:20 AM 54°F 12/5/2021 出 O Type here to search 3005/17

MATLAB: An Introduction with Applications
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In a random sample of eleven cell phones, the mean full retail price was $472.50 and the standard deviation was $223.00. Assume the population is normally distributed and use the t-distribution to find the margin of error and
construct a 95% confidence interval for the population meanp. Interpret the results.
臺三
Identify the margin of error.
(Round to one decimal place as needed.)
Construct a 95% confidence interval for the population mean.
(Round to one decimal place as needed.)
Interpret the results. Select the correct choice below and fill in the answer box to complete your choice.
(Type an integer or a decimal. Do not round.)
O A. With
% confidence, it can be said that the population mean full retail price of cell phones (in dollars) is between the interval's endpoints.
O B.
% of all random samples of eleven people from the population of cell phones will have a mean full retail price (in dollars) that is between the interval's endpoints.
O C. It can be said that
% of the population of cell phones have full retail prices (in dollars) that are between the interval's endpoints.
O D. With
% confidence, it can be said that most cell phones in the population have full retail prices (in dollars) that are between the interval's endpoints.
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Transcribed Image Text:In a random sample of eleven cell phones, the mean full retail price was $472.50 and the standard deviation was $223.00. Assume the population is normally distributed and use the t-distribution to find the margin of error and construct a 95% confidence interval for the population meanp. Interpret the results. 臺三 Identify the margin of error. (Round to one decimal place as needed.) Construct a 95% confidence interval for the population mean. (Round to one decimal place as needed.) Interpret the results. Select the correct choice below and fill in the answer box to complete your choice. (Type an integer or a decimal. Do not round.) O A. With % confidence, it can be said that the population mean full retail price of cell phones (in dollars) is between the interval's endpoints. O B. % of all random samples of eleven people from the population of cell phones will have a mean full retail price (in dollars) that is between the interval's endpoints. O C. It can be said that % of the population of cell phones have full retail prices (in dollars) that are between the interval's endpoints. O D. With % confidence, it can be said that most cell phones in the population have full retail prices (in dollars) that are between the interval's endpoints. Next Textbook Calculator 9:20 AM 12/5/2021 22 (99+ P Type here to search XL-BT 10/05/17 144 Delete 1/4 PrtSc Insert 口回 F10 F11 F12 Cc F5 F7 F8 F9 F6 Esc F3 F4 Num Lock F1 F2 Backspace %23 5 6 7 2 3 | Home Y U E R Enter + || P * 08 T
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