Question: Below is the data sample she obtains (units are $/gallon). 3.02 3.02 3.37 3.1 3.13 3.22 3.37 2.95 3.47 3.36 3.44 3.39 2.95 3.11 3.25
Below is the data sample she obtains (units are $/gallon).
| 3.02 |
| 3.02 |
| 3.37 |
| 3.1 |
| 3.13 |
| 3.22 |
| 3.37 |
| 2.95 |
| 3.47 |
| 3.36 |
| 3.44 |
| 3.39 |
| 2.95 |
| 3.11 |
| 3.25 |
| 3.4 |
| 3.41 |
| 3.01 |
| 3.44 |
| 3.43 |
| 3.17 |
| 3.37 |
| 2.96 |
| 3.34 |
| 3.01 |
Answer ALL of the following four questions.
(1) Calculate the mean, median and standard deviation of the sample?
(2) What is the 95% confidence interval for the average price range, based on the above sample?
(3) Do you see any issues with the 95% confidence interval calculated in part (C)?
(4) Do you think she has obtained a true probability simple random sample? Explain.
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