A confidence interval for the price of gasoline from a
A confidence interval for the price of gasoline from a random sample of 30 gas stations in a region gives the following statistics:
y = + 4.49 s = + 0.29
a) Find a 95% confidence interval for the mean price of regular gasoline in that region.
b) Find the 90% confidence interval for the mean.
c) If we had the same statistics from a sample of 60 stations, what would the 95% confidence interval be now?
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