You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% c
Posted: Mon Jul 11, 2022 11:32 am
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 50 home theater systems has a mean price of $146.00. Assume the population standard deviation is $19.90. Construct a 90% confidence interval for the population mean.