I randomly selected 50 text books and found their mean cost to be $248.47 with a standard deviation of $27.43. I computed a95% confidence interval of ($240.67, $256.27). What is the appropriate interpretation?8.For the instructor, this was question 13.X I am 95% confident that text books cost between $240.67 and $256.27.X There is a 95% probability that the true mean cost of text books is between $240.67 and $256.27./ We are 95% confident that the true mean cost of text books is between $240.67 and $256.27.X We are 95% confident that the true population proportion of text books is between $240.67 and $256.27.

Given information is :n=50x=$248.47S=$27.43And also given that 95% confidence interval is…

Answered: T randomly selected 50 text books and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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