Question: I have completed steps 1-41. Using the data set you collected in Week 1, excluding the supercar outlier, you should have calculated the mean and
I have completed steps 1-41. Using the data set you collected in Week 1, excluding the supercar outlier, you should have calculated the mean and standard deviation during Week 2 for price data. Along with finding a p and q from Week 3. 2. Using this information, calculate two 95% confidence intervals. For the first interval, you need to calculate a T-confidence interval for the sample population. 3. You have the mean, standard deviation, and sample size, and all you have left to find is the T-critical value and you can calculate the interval. 4. For the second interval calculate a proportion confidence interval using the proportion of the number of cars that fall below the average. You have the p, q, and n, all that is left is calculating a Z-critical value
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