The cost of a meal for a sample of eight customers was recorded. The results (in Rands) were as follows: a) Estimate a 90% confidence interval for the true average of cost of a meal. (3) b) Calculate the length of the confidence interval. (1) c) Provide the correct interpretation of the confidence interval you have calculated in a). (1) 130.11 129.85 130.05 128.53 129.99 129.85 130.18 129.98
The cost of a meal for a sample of eight customers was recorded. The results (in Rands) were as follows: a) Estimate a 90% confidence interval for the true average of cost of a meal. (3) b) Calculate the length of the confidence interval. (1) c) Provide the correct interpretation of the confidence interval you have calculated in a). (1) 130.11 129.85 130.05 128.53 129.99 129.85 130.18 129.98
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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The cost of a meal for a sample of eight customers was recorded. The results (in Rands) were as follows:
a) Estimate a 90% confidence interval for the true average of cost of a meal. (3)
b) Calculate the length of the confidence interval. (1)
c) Provide the correct interpretation of the confidence interval you have calculated in a). (1)
130.11 129.85 130.05 128.53 129.99 129.85 130.18 129.98
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