Question: Exercise 1.13 gave a sample of ultimate tensile strength observations (ksi). Use the accompanying descriptive statistics output from Minitab to calculate a 99% lower confidence

Exercise 1.13 gave a sample of ultimate tensile strength observations (ksi). Use the accompanying descriptive statistics output from Minitab to calculate a 99% lower confidence bound for true average ultimate tensile strength, and interpret the result.

N Mean Median TrMean StDev SE Mean 0.37 2 153 135.39 135.40 135.41 4.59 Q3 122.20 147.70 132.95 138.25 Minimum Maximum Q1

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