Question

29. The average price of a smartphone purchased by a random sample of 36 STAT 3309...

29. The average price of a smartphone purchased by a random sample of 36 STAT 3309 students was​ $124. Assume the population standard deviation was​ $8.  

Find the​ 90% confidence interval for​ µ.

A.

​($122.80, $125.20)

B.

​($122.29, $125.71)

C.

​($121.81, $126.19)

D.

​($116.00, $132.00)

30. The average price of a smartphone purchased by a random sample of 36 STAT 3309 students was​ $124. Assume the population standard deviation was​ $8.  

What assumptions need to be made to construct a confidence interval for the population​ mean?

A.

The population must be normally distributed.

B.

The population is skewed left.

C.

The population mean will be in the confidence interval

D.

The population is skewed right.

Homework Answers

Answer #1

Q.29) Given that, sample size ( n ) = 36

sample mean = $124

population standard deviation = 8

Confifence level = 90%

A 90% confidence level has 0.05 significance level and critical value is z = 1.645

90% confifence interval for the population mean is,

Answer: C) ($121.81 , $126.19)

Q.30) The average price of a smartphone purchased by a random sample of 36 STAT 3309 students was​ $124. Assume the population standard deviation was​ $8.

Therefore, assumptions need to be made to construct a confidence interval for the population​ mean is ,

The population must be normally distributed.

Answer: A)

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