Question 19 A random sample of the price (in $) of a hamburger at 31 restaurants in ACME City found: I = $8.73, s = $1.24. %3D Build a 99% CI for the population mean price of a hamburger in ACME City. Round all intermediate calculations to two decimals, then construct the CI and enter like this: (min,max). Do not include the $ sign. Note: if you use a built-in Cl command on a calculator/computer, you might get marked wrong due to rounding. Use the formulas given in the text/notes. a. Since n z 30, OIt is not important that hamburger prices be normally distributed O We use a T-interval We use s, not o O We use a Z-interval b. The Cl is: Submit Question

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
100%
Question 19
A random sample of the price (in $) of a hamburger at 31 restaurants in ACME City found:
I = $8.73, s = $1.24.
Build a 99% Cl for the population mean price of a hamburger in ACME City.
Round all intermediate calculations to two decimals, then construct the CI and enter like this:
(min,max). Do not include the $ sign.
Note: if you use a built-in Cl command on a calculator/computer, you might get marked wrong due
to rounding. Use the formulas given in the text/notes.
a. Since n > 30,
O It is not important that hamburger prices be normally distributed
O We use a T-interval
O We use s, not ở
O We use a Z-interval
octor
b. The Cl is:
Submit Question
APR
21
MacBook Air
20
F3
O00
000
F4
F1
77
F7
11
F8
F5
F6
23
&
%24
Transcribed Image Text:Question 19 A random sample of the price (in $) of a hamburger at 31 restaurants in ACME City found: I = $8.73, s = $1.24. Build a 99% Cl for the population mean price of a hamburger in ACME City. Round all intermediate calculations to two decimals, then construct the CI and enter like this: (min,max). Do not include the $ sign. Note: if you use a built-in Cl command on a calculator/computer, you might get marked wrong due to rounding. Use the formulas given in the text/notes. a. Since n > 30, O It is not important that hamburger prices be normally distributed O We use a T-interval O We use s, not ở O We use a Z-interval octor b. The Cl is: Submit Question APR 21 MacBook Air 20 F3 O00 000 F4 F1 77 F7 11 F8 F5 F6 23 & %24
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Basics of Inferential Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
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