(Scenario 2) Mickey is interested in the average amount of water a broom carrying water buckets could pour into a cistern. It is believed that the amount of water carried is approximately normal. A random sample of 28 water buckets was taken and it was found that, on average, each bucket could hold 4.8 gallons of water, with a standard deviation of 0.2 gallons. A 92% confidence interval was created.

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

Answer scenario 2

2. For the following scenarios, identify whether you should use \( z \) or \( t \) in a confidence interval calculation. (You don’t have to do anything else.)

**(Scenario 1)**  
Minnie owns a boutique that sells hair-bows and bow-ties. On a normal day, Minnie makes many sales. The average selling price is approximately normally distributed with a standard deviation of $0.72. Minnie is interested in the average selling price of products sold on one day. A sample of 36 sales were investigated from that day, and it was found that the average selling price was $4.78. A 93% confidence interval was created.

**(Scenario 2)**  
Mickey is interested in the average amount of water a broom carrying water buckets could pour into a cistern. It is believed that the amount of water carried is approximately normal. A random sample of 28 water buckets was taken and it was found that, on average, each bucket could hold 4.8 gallons of water, with a standard deviation of 0.2 gallons. A 92% confidence interval was created.
Transcribed Image Text:2. For the following scenarios, identify whether you should use \( z \) or \( t \) in a confidence interval calculation. (You don’t have to do anything else.) **(Scenario 1)** Minnie owns a boutique that sells hair-bows and bow-ties. On a normal day, Minnie makes many sales. The average selling price is approximately normally distributed with a standard deviation of $0.72. Minnie is interested in the average selling price of products sold on one day. A sample of 36 sales were investigated from that day, and it was found that the average selling price was $4.78. A 93% confidence interval was created. **(Scenario 2)** Mickey is interested in the average amount of water a broom carrying water buckets could pour into a cistern. It is believed that the amount of water carried is approximately normal. A random sample of 28 water buckets was taken and it was found that, on average, each bucket could hold 4.8 gallons of water, with a standard deviation of 0.2 gallons. A 92% confidence interval was created.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
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