How much does a sleeping bag cost? Lets say you want a sleeping bag that should keep
Question:
(a) Use a calculator with mean and sample standard deviation keys to verify that ‰ˆ $83.75 and s ‰ˆ $28.97.
(b) Using the given data as representative of the population of prices of all summer sleeping bags, find a 90% confidence interval for the mean price μ of all summer sleeping bags.
(c) What does the confidence interval mean in the context of this problem?
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Related Book For
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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