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A new Lamborghini has a base price of $467,617 (radio extra!). The crash test dummies want...

A new Lamborghini has a base price of $467,617 (radio extra!). The crash test dummies want to estimate the frontend damage if one of these beauties is slammed into a brick wall at 35 rnph. They only have n = 4 cars to use. From this random sample, they have a sample mean of I-= $12,777 with sample st devofs=$789. i) Find a 95% Confidence Interval (CD for p. ii) interpret your interval. iii) Is p in this CI? Why or why not? Explain.

Math   Statistics-And-Probability   
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