Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

see picture what price do farmers get for their watermelon crops? In the third week oF July. a landom sample oF 41 farming regions gave

see picture

image text in transcribed
what price do farmers get for their watermelon crops? In the third week oF July. a landom sample oF 41 farming regions gave a sample mean oF ; = $6.88 per 100 pounds of watermelon. Assume that 0' is known to be $1.92 per 100 pounds. (a) Find a 90% confidence interval For the population mean price (per 100 pounds) that farmers ln this region get for their watermelon crop (in dollars]. what is the margin of error {in dollars)? [For each answer, enter a number. Round your answers to two decimal places.) wwmmriEZZZZI upperlimit $ margin oFerror $ (b) Find the sample size necessary For a 90% confidence level wiH'l maximal error oF estimate E = 0.3]. for the mean price per 100 pounds of watermelon. [Enter a number. Round up to the nearest whole number.) E::::jemmewM (c) A iarm trings 15 tons of watermelon to marloet. Flnd a 90% condence interval for le population mean cash value of this crop (in dollars). What is the margin of error (in dollars)? Hint: 1 ton is 2000 pounds. (For eacl. answer. enter a number. Round your answers pp two decimal places.) lower limit $ uplper limit $ manem.c[::::3

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

Theory And Applications Of Partial Functional Differential Equations

Authors: Abrar A Khan

1st Edition

9353141915, 9789353141912

More Books

Students also viewed these Mathematics questions

Question

What are the three categories of time? (p. 291)

Answered: 1 week ago