Question
You want to estimate the average gas price in your city for a gallon of regular gas. From your sample of 15 gas stations,
You want to estimate the average gas price in your city for a gallon of regular gas. From your sample of 15 gas stations, you calculate a 95% confidence interval of ($1.98, $2.16). Interpret the confidence interval.
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Elementary Statistics
Authors: Mario F. Triola
12th Edition
0321836960, 978-0321836960
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