Parking Meter Revenue A one-sided confidence interval can be found for a mean by using where tα  is the value found under the row labeled One tail. Find two one-sided 99%  confidence intervals of the population mean for the data shown, and interpret the answers. The data represent the daily revenues in dollars from 19  parking meters in a small municipality. Round your answers to at least three decimal places.   >μ−Xtαsn  or  <μ+Xtαsn   2.58 1.28 2.38 2.78 0.98 1.03 3.08 2.33 2.48 2.73 2.43 2.33 2.38 2.08 1.78 2.88 1.98 1.93 1.73       A  99%  lower confidence bound is  >μ$ A 99%  upper confidence bound is  <μ$ .

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Parking Meter Revenue A one-sided confidence interval can be found for a mean by using where tα  is the value found under the row labeled One tail. Find two one-sided 99%  confidence intervals of the population mean for the data shown, and interpret the answers. The data represent the daily revenues in dollars from 19  parking meters in a small municipality. Round your answers to at least three decimal places.

 

>μ−Xtαsn

 or 
<μ+Xtαsn

 

2.58
1.28
2.38
2.78
0.98
1.03
3.08
2.33
2.48
2.73
2.43
2.33
2.38
2.08
1.78
2.88
1.98
1.93
1.73
 

 

 

99%
 lower confidence bound is 
>μ$

A 99%  upper confidence bound is 

<μ$
.
 
 
 
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