Question
What price do farmers get for their watermelon crops? In the third week of July, a random sample of43farming regions gave a sample mean of
What price do farmers get for their watermelon crops? In the third week of July, a random sample of43farming regions gave a sample mean ofx= $6.88per 100 pounds of watermelon. Assume thatis known to be$1.98per 100 pounds.
(a) Find a 90% confidence interval for the population mean price (per 100 pounds) that farmers in this region get for their watermelon crop. What is the margin of error? (Round your answers to two decimal places.)
lower limit$____
upper limit$_____
margin of error$_____
(b) Find the sample size necessary for a 90% confidence level with maximal error of estimateE=0.39for the mean price per 100 pounds of watermelon. (Round up to the nearest whole number.)
________________farming regions
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