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Warren County Telephone Company claims in its annual report that the typical customer spends $62 per month on local and long-distance service. A sample of
Warren County Telephone Company claims in its annual report that the typical customer spends $62 per month on local and long-distance service. A sample of 12 subscribers revealed the following amounts spent last month. |
$63 | $67 | $64 | $68 | $58 | $64 | $69 | $61 | $65 | $66 | $53 | $65 |
a. | What is the point estimate of the population mean?(Round your answer to 3 decimal places.) |
Estimated population mean | $ |
b. | Develop a 90% confidence interval for the population mean. (Use t Distribution Table.)(Round your answers to 3 decimal places.) |
Confidence interval for the population mean | $and $ |
c. | Is the company's claim that the "typical customer" spends $62 per month reasonable? | ||
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