Q10) Answer all the following questions A) C) Based on your confidence interval can you say that the mean average parkin
Posted: Wed May 04, 2022 11:54 am
Q10) Answer all the following questions
A)
C) Based on your confidence interval can you say that the mean
average parking meter earnings in this community are greater than
$3? Why or why not? Answer in a full sentence.
Provide an appropriate response. A random sample of 10 parking meters in a resort community showed the following incomes for a day. Assume the incomes are normally distributed. Find the 95% confidence interval for the true mean. Round to the nearest cent. $3.60 $450 $2.80 $6.30 $2.60 $5.20 $6.75 $425 $8.00 $3.00 ($4.81, $6.31) ($1.35, $2.85) ($2.11, $5.34) ($3.39, $6.01)
A)
C) Based on your confidence interval can you say that the mean
average parking meter earnings in this community are greater than
$3? Why or why not? Answer in a full sentence.
Provide an appropriate response. A random sample of 10 parking meters in a resort community showed the following incomes for a day. Assume the incomes are normally distributed. Find the 95% confidence interval for the true mean. Round to the nearest cent. $3.60 $450 $2.80 $6.30 $2.60 $5.20 $6.75 $425 $8.00 $3.00 ($4.81, $6.31) ($1.35, $2.85) ($2.11, $5.34) ($3.39, $6.01)