Question: Recall that a simple random sample of 36 new mobile homes yielded the prices, in thousands of dollars, shown in Table 8.1 on page 332.We
a. Use this information and Procedure 8.1 on page 339 to find a 95% confidence interval for the mean price of all new mobile homes. Recall that σ = $7.2 thousand.
b. Compare your 95% confidence interval in part (a) to the one found in Example 8.2(c) on page 334 and explain any discrepancy that you observe.
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n 36 x 6328 thousand 72 thousand a Step 1 005 z 2 z 0025 196 Step 2 63... View full answer
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