QUESTION 9 The owner of a coffee shop has found that the average amount spent by 25 customers at the shop is $6.80. Based on a large number of similar studies, it is known that the variance for the amount spent by all customers is 1.96 $2. What is the 90% confidence interval for the population mean amount spent by customers? 6.15 μ< 7.44 µ< 7.26 6.67 μ< 6.93 O 6.71 <<6.89 (a) 6.34

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QUESTION 9
The owner of a coffee shop has found that the average amount spent by 25 customers at the shop is $6.80. Based on a large
number of similar studies, it is known that the variance for the amount spent by all customers is 1.96 $2. What is the 90%
confidence interval for the population mean amount spent by customers?
6.15 μ< 7.44
(a) 6.34 <<7.26
6.67<μ< 6.93
6.71 μ< 6.89
Transcribed Image Text:QUESTION 9 The owner of a coffee shop has found that the average amount spent by 25 customers at the shop is $6.80. Based on a large number of similar studies, it is known that the variance for the amount spent by all customers is 1.96 $2. What is the 90% confidence interval for the population mean amount spent by customers? 6.15 μ< 7.44 (a) 6.34 <<7.26 6.67<μ< 6.93 6.71 μ< 6.89
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