Question: The following data represent the repair cost for a low-impact collision in a simple random sample of mini- and micro-vehicles (such as the Chevrolet Aveo

The following data represent the repair cost for a low-impact collision in a simple random sample of mini- and micro-vehicles (such as the Chevrolet Aveo or Mini Cooper).

$1758 $1071 $3345 $3148 $2057 $743 $2637 $1370 $663 $773

(a) Draw a normal probability plot to determine if it is reasonable to conclude the data come from a population that is normally distributed.
(b) Draw boxplot to check for outliers.
(c) Construct and interpret a 95% confidence interval for the population mean cost of repair.
(d) Suppose you obtain a simple random sample of size n = 10 of a Mini Cooper that was in a low-impact collision and determine the cost of repair. Do you think a 95% confidence interval would be wider or narrower? Explain.

$1758 $1071 $3345 $3148 $2057 $743 $2637 $1370 $663 $773

Step by Step Solution

3.53 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a Since it is reasonable to conclude the data come from a normal population b There are no ... 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

1382-M-S-S-D(5588).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!