Question: Referring to Exercise 5.5, construct a 99% prediction interval for the kilometers traveled annually by an automobile owner in Virginia. Exercise 5.5 A random sample
Referring to Exercise 5.5, construct a 99% prediction interval for the kilometers traveled annually by an automobile owner in Virginia.
Exercise 5.5
A random sample of 100 automobile owners in the state of Virginia shows that an automobile is driven on average 23,500 kilometers per year with a standard deviation of 3900 kilometers. Assume the distribution of measurements to be approximately normal.
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n 100 x 23500 s 3 900 1 099 and t 0005 266 with 60 degrees ... View full answer
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