Question
Robert would like to estimate the mean number of litres (L) of Olive Oil sold to his customers. He selects a random sample of 25
Robert would like to estimate the mean number of litres (L) of Olive Oil sold to his customers. He selects a random sample of 25 sales and finds the mean number of litres sold is 77 with a standard deviation of 32 L. .
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 litres.
b. Develop a 90% confidence interval for the population mean. (Round the final answers to 3 decimal places.)
The 90% confidence interval for the population mean is between and .
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