Use the following to answer the next 3
questions
1.A metropolitan magazine would like to estimate the average
cost of an hour of massage therapy in their area. They assume the
population standard deviation, σ , is 5. A random sample
of 33 message therapists yield an average hourly rate of $61.
Calculate the 99% confidence interval of μ .
You will have the opportunity to show your work
below.
Enter the LOWER bound here
(smaller of the two bounds). Round to two
decimal places.
2.Calculate the 99% confidence interval of μ .
Enter the UPPER bound
here. Round to two decimal
places.
3. Please show your work for your confidence interval
calculation.
In the event you get the previous two questions incorrect, you
may receive partial credit from showing your work.
Use the following to answer the next 3 questions 1.A metropolitan magazine would like to estimate the average cost of an
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
Use the following to answer the next 3 questions 1.A metropolitan magazine would like to estimate the average cost of an
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!