The manager of a paint store, wants to estimate the mean amount of a product sold per day. He selected a sample of 64 business days and found a sample mean of 71 litres and a sample standard deviation of 13. Calculate the lower confidence limit (LCL) of the 93% confidence interval for the mean amount of the product sold per day. Round your answer to four decimal places.

The manager of a paint store, wants to estimate the mean amount of a product sold per day. He selected a sample of 64 business days and found a sample mean of 71 litres and a sample standard deviation of 13. Calculate the lower confidence limit (LCL) of the 93% confidence interval for the mean amount of the product sold per day. Round your answer to four decimal places.

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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