Question
What price do farmers get for their seedless watermelon crops? In a recent month, a simple random sample of 45 farming regions gave a sample
What price do farmers get for their seedless watermelon crops? In a recent month, a simple random sample of 45 farming regions gave a sample mean of $12.15 per 100 pounds of seedless watermelon. Assumer that=$1.44per 100 pounds.
Find a 90% confidence interval for the population mean price (per 100 pounds) that farmers in this region get for their seedless watermelon crop. (Round answers to two decimal places.)
margin of error: $per 100 pounds
lower limit: $per 100 pounds
upper limit: $per 100 pounds
What conditions were met for the above calculations to be valid? (Select all that apply.)
- The price per 100 pound of seedless watermelon needs to be uniformly distributed
- is known
- The price per 100 pound of seedless watermelon needs to be normally distributed
- large enough sample size n
- is unknown
Find the sample size necessary for a 90% confidence level with an margin of errorE=0.73for the mean price per 100 pounds of seedless watermelon. (Increase to the next whole number.)
If a farmer brings in 19 tons of seedless watermelon to a market, find a 90% confidence interval for the population mean cash value for 19 tons of seedless watermelon. Note: 1 ton = 2000 pounds. (Round your answers to two decimal places.)
lower limit: $
upper limit: $
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