Use the given degree of confidence and sample data to construct a confidence interval for the population mean μ. Assume that the population has a normal distribution. Round your answer to 2 decimals. 15) The following data is the price of a certain food product in 10 randomly selected grocery stores (you can use the calculator to find the mean and standard deviation of the data below). 7.50 8.10 7.00 7.30 7.20 7.40 8.50 8.20 8.00 7.80 Construct a 90% confidence interval estimate of the mean price of all grocery stores selling this food product.
Use the given degree of confidence and sample data to construct a confidence interval for the population mean μ. Assume that the population has a normal distribution. Round your answer to 2 decimals. 15) The following data is the price of a certain food product in 10 randomly selected grocery stores (you can use the calculator to find the mean and standard deviation of the data below). 7.50 8.10 7.00 7.30 7.20 7.40 8.50 8.20 8.00 7.80 Construct a 90% confidence interval estimate of the mean price of all grocery stores selling this food product.
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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