In a random sample of four mobile devices, the mean repair cost was $70.00 and the standard deviation was $12.00. Assume the population is normally distributed and use a t-distribution to find the margin of error and construct a 90% confidence interval for the population mean. Interpret the results. The 90% confidence interval for the population mean µ is ( ☐, ☐ ). (Round to two decimal places as needed.) The margin of error is $. (Round to two decimal places as needed.) Interpret the results. Choose the correct answer below.
In a random sample of four mobile devices, the mean repair cost was $70.00 and the standard deviation was $12.00. Assume the population is normally distributed and use a t-distribution to find the margin of error and construct a 90% confidence interval for the population mean. Interpret the results. The 90% confidence interval for the population mean µ is ( ☐, ☐ ). (Round to two decimal places as needed.) The margin of error is $. (Round to two decimal places as needed.) Interpret the results. Choose the correct answer below.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
Related questions
Question
Answer all parts
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt