Question: Note : focused this line- send me answer in type form strictly prohibited handwritten solution don't use chatgpt Or copied content show your own work

Note : focused this line- send me answer in type form strictly prohibited handwritten solution don't use chatgpt Or copied content show your own work with step by step explanation do not miss single step mention formula and concept.

Note : focused this line- send me answer in type form strictly

Submit Answer time left... 1: 26: 57 2. [-/12 Points] DETAILS MY NOTES BBUNDERSTAT13 7.2.018.S. Do you want to own your own candy store? With some interest in running your own business and a decent credit rating, you can probably get a bank loan on startup costs for franchises such as Candy Express, The Fudge Company, Karmel Corn, and Rocky Mountain Chocolate Factory. Startup costs (in thousands of dollars) for a random sample of candy stores are given below. Assume that the population of x values has an approximately normal distribution. 93 172 135 98 75 94 116 100 85 USE SALT (a) Use a calculator with mean and sample standard deviation keys to find the sample mean startup cost x and sample standard deviation s (in thousands of dollars). (Round your answers to four decimal places.) X = thousand dollars S thousand dollars (b) Find a 90% confidence interval for the population average startup cost u for candy store franchises (in thousands of dollars). (Enter your answer in the form: lower limit to upper limit. Include the word "to." Round your numerical values to one decimal place.) thousand dollars (c) What does the confidence interval mean in the context of this problem? The probability that the average startup cost for candy store franchises in this sample falls within this interval is 0.90. We are 90% confident that the population average startup cost for candy store franchises falls within this interval. We are 90% confident that the average startup cost for candy store franchises in this sample falls within this interval. The probability that the population average startup cost for candy store franchises falls within this interval is 0.90. Submit

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