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The USDA uses sample surveys to produce important economic estimates. One study estimated wheat prices in July and September using independent random samples of five
The USDA uses sample surveys to produce important economic estimates. One study estimated wheat prices in July and September using independent random samples of five wheat producers in each of the two months. Summary values are given in the table below.
Calculate a 95% confidence interval for the difference between mean wheat prices between September and July. Use t* = 2.330 and round your final answer to 3 decimal places.
Group of answer choices
(0.460, 0.856)
(0.631, 0.685)
(0.492, 0.824)
(0.636, 0.680)
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