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Original info for question 1 (not sure if it's needed) What price do farmers get for their watermelon crops? In the third week of July,
Original info for question 1 (not sure if it's needed) What price do farmers get for their watermelon crops? In the third week of July, a random sample of 44 farming regions gave a sample mean of x = $6.88 per 100 pounds of watermelon. Assume that is known to be $1.98 per 100 pounds.
Question: A farm brings 15 tons of watermelon to market. Find a 90% confidence interval for the population mean cash value of this crop. What is the margin of error? Hint: 1 ton is 2000 pounds. (Round your answers to two decimal places.)
lower limit | $ |
upper limit | $ |
margin of error | $ |
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