What is the confidence interval estimate of the problem?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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A flower shop owner wants to estimate the average retail value of the best-selling flower in his inventory. A random sample of 10 flowers indicates an average value of 15 pesos and a standard deviation of 3.5 pesos. What are the point estimate and the 99% confidence interval in the average value of the flower?

 

What is the confidence interval estimate of the problem?

a.

(11.40 , 18.60)

b.

(7.29 , 12.71)

c.

(11.68 , 18.32)

d.

(7.06 , 12.94)

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