Question
How much does a sleeping bag cost? Let's say you want a sleeping bag that should keep you warm in temperatures from 20F to 45F.
How much does a sleeping bag cost? Let's say you want a sleeping bag that should keep you warm in temperatures from 20F to 45F. A random sample of prices ($) for sleeping bags in this temperature range is given below. Assume that the population of x values has an approximately normal distribution. 110 75 40 120 115 50 30 23 100 110 105 95 105 60 110 120 95 90 60 70
(a) Use a calculator with mean and sample standard deviation keys to find the sample mean price x and sample standard deviation s. (Round your answers to two decimal places.)
x = $
s = $
(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 of all summer sleeping bags. (Round your answers to two decimal places.)
lower limit $
upper limit $
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