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Can you help MY NOTES ASK YOUR TEACHER Do you want to own your own candy store? Wow! With some interest in running your own

Can you help

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MY NOTES ASK YOUR TEACHER Do you want to own your own candy store? Wow! With some interest in running your own business and a decent credit rating, you can probably get a bank loan on startup costs for franchises such as Candy Express, The Fudge Company, Karmel Corn, and Rocky Mountain Chocolate Factory. Startup costs (in thousands of dollars) for a random sample of candy stores are given below. Assume that the population of x values has an approximately normal distribution. 90 177 131 94 75 94 116 100 85 In USE SALT ( a ) Use a calculator with mean and sample standard deviation keys to find the sample mean startup cost x and sample standard deviation s. (Round your answers to four decimal places.) I X 106.8889 thousand dollars 29.3274 x thousand dollars (b) Find a 90% confidence interval for the population average startup costs u for candy store franchises. (Round your answers to one decimal place.) lower limit 90.8 X thousand dollars upper limit 123.0 X thousand dollars

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