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working needed Question 6: A sample of the various prices for a particular product has been conducted in 14 stores which were selected random in

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Question 6: A sample of the various prices for a particular product has been conducted in 14 stores which were selected random in a city. The following prices were noted, in Dollars. The prices of the product in dollar are given in the table below. 98 104 97 113 100 132 111 103 98 98 105 |109 103 114 Calculate a 98% confidence interval to estimate the actual mean price of the product in the city (1 do.) a) Low limit = [ ] High limit = [ ] b) It is reasonable to assume that the average price for this product is $100? [ ] State your reason for this [ ] c) What size sample would need to be taken to estimate the population mean price within 1 dollar? Sample size, n = [ ]

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