jarednash015
29.11.2019 •
Mathematics
Asupervisor records the repair cost for 25 randomly selected dryers. a sample mean of $93.36 and standard deviation of $19.95 are subsequently computed. determine the 98% confidence interval for the mean repair cost for the dryers. assume the population is approximately normal.
Solved
Show answers
More tips
- D Dating, Love, Relationships Does a Person s Character Depend on the Color of Their Eyes?...
- O Other Childhood Fears: What Many of Us Experienced...
- H Health and Medicine Simple and Effective: How to Get Rid of Cracked Heels...
- L Leisure and Entertainment What to Bring on a Hike? Essential Items to Pack for a Safe and Enjoyable Adventure...
- L Leisure and Entertainment Couchsurfing: A New Way to Travel...
- S Style and Beauty Autotanning: Harmful or Safe?...
- F Food and Cooking 10 Ideas for a Wedding Anniversary Gift...
- H Health and Medicine How to Reduce Sweating in the Heat and Beyond: Say Goodbye to Excessive Sweat...
- F Food and Cooking Do Aphrodisiacs Really Work? Separating Fact from Fiction...
- H Health and Medicine What to Eat to Lose Weight?...
Answers on questions: Mathematics
- M Mathematics When divided by 6 i am 200 when divided by 4 i am 200...
- M Mathematics A homeowner would like to modify the existing patio to create a square patio, either by adding new tiles or moving existing tiles. Each tile is one foot square. The current...
- M Mathematics Tim s mother, using the odometer in the car, measured the distance between their house and Tim s school to be 12.8 miles. Tim then converted the distance in miles to...
- B Business Amonopolistically competitive firm is producing at an output level where marginal revenue is greater than marginal cost. this firm should quantity and price to increase...
- M Mathematics Ashley and Steven are both selling containers of cookie dough to raise money for a field trip. Chocolate chip cookie dough and peanut butter cookie dough are different...
Ответ:
Step-by-step explanation:
Our aim is to determine a 98% confidence interval for the mean repair cost for the dryers
Number of samples. n = 25
Mean, u = $93.36
Standard deviation, s = $19.95
For a confidence level of 98%, the corresponding z value is 2.33. This is determined from the normal distribution table.
We will apply the formula,
Confidence interval
= mean ± z × standard deviation/√n
It becomes
93.36 ± 2.33 × 19.95/√25
= 93.36 ± 2.33 × 3.99
= 93.36 ± 9.2967
The lower boundary of the confidence interval is 93.36 - 9.2967 =84.0633
The upper boundary of the confidence interval is 93.36 + 9.2967 = 102.6567
Therefore, with 98% confidence interval, the mean repair costs for the dryers is between $84.0633 and $102.6567
Ответ:
37 dollars
Step-by-step explanation: