Question

A cruise company would like to estimate the average beer consumption to plan its beer inventory...

A cruise company would like to estimate the average beer consumption to plan its beer inventory levels on future? seven-day cruises.? (The ship certainly? doesn't want to run out of beer in the middle of the? ocean!) The average beer consumption over 16 randomly selected ?seven-day cruises was 81,759 bottles with a sample standard deviation of 4,526 bottles. Complete parts a and b below.

a. construct a 90% confidence interval to estimate the average beer consumption per cruise.

The 90% confidence interval to estimate the average beer consumption per cruise is from a lower limit of _____ to an upper limit of ___ bottles. Round to the nearest whole numbers.

b. What assumption can be made about the problem above?

- The only assumption needed is that the population follows the? Student's t-distribution.

--The only assumption needed is that the population size is larger than 30.

--The only assumption needed is that the population distribution is skewed to one side.

--The only assumption needed is that the population follows the normal probability distribution.

Homework Answers

Answer #1

he 90% confidence interval to estimate the average beer consumption per cruise is from a lower limit of 79775 to an upper limit of 83743  bottles

b)

-The only assumption needed is that the population follows the normal probability distribution.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A cruise company would like to estimate the average beer consumption to plan its beer inventory...
A cruise company would like to estimate the average beer consumption to plan its beer inventory levels on future​ seven-day cruises.​ (The ship certainly​ doesn't want to run out of beer in the middle of the​ ocean!) The average beer consumption over 16 randomly selected​ seven-day cruises was 81,867 bottles with a sample standard deviation of 4,522 bottles. Complete parts a and b below. a. Construct a 99​% confidence interval to estimate the average beer consumption per cruise. The 99​%...
A cruise company would like to estimate the average beer consumption to plan its beer inventory...
A cruise company would like to estimate the average beer consumption to plan its beer inventory levels on future seven-day cruises. (The ship certainly doesn't want to run out of beer in the middle of the ocean!) The average beer consumption over 14 randomly selected seven-day cruises was 81,619 bottles with a sample standard deviation of 4,521 bottles. Construct an 80% confidence interval to estimate the average beer consumption per cruise. The 80 % confidence interval to estimate the average...
A cruise company would like to estimate the average beer consumption to plan its beer inventory...
A cruise company would like to estimate the average beer consumption to plan its beer inventory levels on future​ seven-day cruises.​ (The ship certainly​ doesn't want to run out of beer in the middle of the​ ocean!) The average beer consumption over 17 randomly selected​ seven-day cruises was 82,357 bottles with a sample standard deviation of 4,492 bottles. Complete parts a and b below. a. Construct a 99​% confidence interval to estimate the average beer consumption per cruise. Answer: The...
A cruise company would like to estimate the average beer consumption to plan its beer inventory...
A cruise company would like to estimate the average beer consumption to plan its beer inventory levels on future​ seven-day cruises.​ (The ship certainly​ doesn't want to run out of beer in the middle of the​ ocean!) The average beer consumption over 20 randomly selected​ seven-day cruises was 81,654 bottles with a sample standard deviation of 4,537 bottles. Complete parts a and b below. a. Construct a 95​% confidence interval to estimate the average beer consumption per cruise. The 95​%...
A random sample of 15 college​ men's basketball games during the last season had an average...
A random sample of 15 college​ men's basketball games during the last season had an average attendance of 5,154 with a sample standard deviation of 1,775. Complete parts a and b below. a. Construct a 99​% confidence interval to estimate the average attendance of a college​ men's basketball game during the last season. The 99​% confidence interval to estimate the average attendance of a college​ men's basketball game during the last season is from a lower limit of to an...
The caloric consumption of 37 adults was measured and found to average 2 comma 199. Assume...
The caloric consumption of 37 adults was measured and found to average 2 comma 199. Assume the population standard deviation is 259 calories per day. Construct confidence intervals to estimate the mean number of calories consumed per day for the population with the confidence levels shown below. a. 91 % b. 96 % c. 97 % a. The 91 % confidence interval has a lower limit of nothing and an upper limit of ____. ​(Round to one decimal place as​...
The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 16...
The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 16 people reveals the mean yearly consumption to be 45 gallons Page 260with a standard deviation of 20 gallons. Assume the population distribution is normal. a.What is the value of the population mean? What is the best estimate of this value? b.Explain why we need to use the t distribution. What assumption do you need to make? c.For a 90% confidence interval, what is the...
The caloric consumption of 44 adults was measured and found to average 2,117. Assume the population...
The caloric consumption of 44 adults was measured and found to average 2,117. Assume the population standard deviation is 251 calories per day. Construct confidence intervals to estimate the mean number of calories consumed per day for the population with the confidence levels shown below. a. 93 % b. 96 % c. 98 % a. The 93 % confidence interval has a lower limit of and an upper limit of
The caloric consumption of 38 adults was measured and found to average 2,136. Assume the population...
The caloric consumption of 38 adults was measured and found to average 2,136. Assume the population standard deviation is 270 calories per day. Construct confidence intervals to estimate the mean number of calories consumed per day for the population with the confidence levels shown below. a.92% b.95% c.99% a. The 92% confidence interval has a lower limit of and an upper limit of .
Bob Nale is the owner of Nale’s Quick Fill. Bob would like to estimate the mean...
Bob Nale is the owner of Nale’s Quick Fill. Bob would like to estimate the mean number of gallons of gasoline sold to his customers. Assume the number of gallons sold follows the normal distribution with a population standard deviation of 1.90 gallons. From his records, he selects a random sample of 45 sales and finds the mean number of gallons sold is 5.70. a. What is the point estimate of the population mean? (Round your answer to 2 decimal...