Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How smart is your phone? A random sample of 10 Samsung Galaxy smartphones being sold over the Internet in 2013 had the following prices, in

image text in transcribed
How smart is your phone? A random sample of 10 Samsung Galaxy smartphones being sold over the Internet in 2013 had the following prices, in dollars: 169 385 329 269 149 135 249 349 299 249 Send data to Excel Assume the population standard deviation is 6 = 83. Perform the following. Part 1 of 3 V (a) Explain why it is necessary to check whether the population is approximately normal before constructing a confidence interval. It is necessary to check whether the population is approximately normal because the sample size is less than or equal to 30 Part 2 of 3 V (b) Following is a dotplot of these data. Is it reasonable to assume that the population is approximately normal? . . 100 150 200 250 300 350 400 It is reasonable to assume that the population is approximately normal. Part: 3 / 3 Part 3 of 3 (c) If appropriate, construct a 98% confidence interval for the mean price for all phones of this type being sold on the Internet in 2013. Round your intermediate step to three decimal places. Round your answer to one decimal place. A 98% confidence interval for the mean price for all phones of this type being sold on the Internet in 2013 is 187.1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

WebAssign For A First Course In Differential Equations With Modeling Applications

Authors: Dennis G Zill

11th Edition

1337879770, 9781337879774

More Books

Students also viewed these Mathematics questions

Question

3. How much information do we need to collect?

Answered: 1 week ago

Question

2. What types of information are we collecting?

Answered: 1 week ago

Question

5. How quickly can we manage to collect the information?

Answered: 1 week ago