In a random sample of eight cell phones, the mean full retail price was $431.50 and the standard deviation was $226.00. Assume the population is normally distributed and use the t-distribution to find the margin of error and construct a 90% confidence interval for the population mean μ. Interpret the results.
In a random sample of eight cell phones, the mean full retail price was $431.50 and the standard deviation was $226.00. Assume the population is normally distributed and use the t-distribution to find the margin of error and construct a 90% confidence interval for the population mean μ. Interpret the results.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
Related questions
Question
In a random sample of
eight
cell phones, the
$431.50
and the standard deviation was
$226.00.
Assume the population is
90%
confidence interval for the population mean
μ.
Interpret the results.
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