Question
How much does a sleeping bag cost? Let's say you want a sleeping bag that should keep you warm in temperatures from20Fto45F.A random sample of
How much does a sleeping bag cost? Let's say you want a sleeping bag that should keep you warm in temperatures from20Fto45F.A random sample of prices ($) for sleeping bags in this temperature range is given below. Assume that the population ofxvalues has an approximately normal distribution.40 55 120 110 120 70 30 23 100 110 105 95 105 60 110 120 95 90 60 70
(a) Use a calculator with mean and sample standard deviation keys to find the sample mean pricexand sample standard deviations. (Round your answers to two decimal places.) x=$ 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 priceof all summer sleeping bags. (Round your answers to two decimal places.) lower limitupper limit
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