Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A sample of 41 customers was produced. The sample results appear below. Construct a 95% confidence interval around the sample mean. Be sure to show
A sample of 41 customers was produced. The sample results appear below. Construct a 95% confidence interval around the sample mean. Be sure to show me whether you use the t- or z- value, and interpret the meaning confidence interval in a single sentence. Also, state why we would we use either the "t" or the "z".
8.2, 9.1, 11.2, 5.0, 6.4, 9.5, 10.1, 7.9, 8.3, 6.8, 6.9, 7.9, 1.1, 6.7, 11.4, 6.9,
6.5, 8.0, 1.5, 8.2, 7.6, 14.1, 7.0, 10.0, 7.1, 8.0, 8.1, 4.4, 5.9, 2.3, 13.3, 9.2,
2.8, 13.0, 8.3, 10.4, 9.0, 3.5, 9.8, 6.5, 7.7
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started