Question: The file fast food contains the amount that a sample of fifteen customers spent for lunch ($) at a fast food restaurant: 7.42 6.29 5.83

The file fast food contains the amount that a sample of fifteen customers spent for lunch ($) at a fast food restaurant:
7.42 6.29 5.83 6.50 8.34 9.51 7.10 6.80 5.90
4.89 6.50 5.52 7.90 8.30 9.60
a. Construct a 95% confidence interval estimate for the population mean amount spent for lunch ($) at a fast food restaurant, assuming a normal distribution.
b. Interpret the interval constructed in (a).

Step by Step Solution

3.43 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

PHStat output a b You can be 95 confident that the population mean amount spent for lunch at a ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

772-M-S-S-D (3805).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!