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pls post with solutions thank you litres Bob Nale is the owner of Nale's Texaco GasTown Bob would like to estimate the mean number of
pls post with solutions thank you
litres Bob Nale is the owner of Nale's Texaco GasTown Bob would like to estimate the mean number of litres (L) of gasoline sold to his customers. Assume the number of litres sold follows the normal distribution with a standard deviation of 8 L. From his records, he selects a random sample of 13 sales and finds the mean number of litres sold is 41 a. What is the point estimate of the population mean? (Round the final answer to the nearest whole number.) The point estimate of the population mean is b. Develop a 95% confidence interval for the population mean (Round the final answers to 3 decimal places.) The 95% confidence interval for the population mean is between 36.651 and 45.349) c. Interpret the meaning of part (b). If 100 such intervals were determined, the population mean would be included in about intervals Step by Step Solution
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