Question

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 2.50 gallons. From his records, he selects a random sample of 55 sales and finds the mean number of gallons sold is 6.30. (a) What is the point estimate of the population mean? (b) Determine a 99% confidence interval for the population mean.

Homework Answers

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
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 2.50 gallons. From his records, he selects a random sample of 55 sales and finds the mean number of gallons sold is 5.40. a. What is the point estimate of the population mean? (Round your answer to 2 decimal...
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 2.50 gallons. From his records, he selects a random sample of 70 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...
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 1.80 gallons. From his records, he selects a random sample of 80 sales and finds the mean number of gallons sold is 6.70. What is the point estimate of the population mean? (Round your answer to 2 decimal places.)...
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 1.80 gallons. From his records, he selects a random sample of 80 sales and finds the mean number of gallons sold is 6.70. What is the point estimate of the population mean? (Round your answer to 2 decimal places.)...
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 1.80 gallons. From his records, he selects a random sample of 80 sales and finds the mean number of gallons sold is 6.90. What is the point estimate of the population mean? (Round your answer to 2 decimal places.)...
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 2.30 gallons. From his records, he selects a random sample of 70 sales and finds the mean number of gallons sold is 5.70. What is the point estimate of the population mean? (Round your answer to 2 decimal places.)...
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...
Bob Nale is the owner of Nale's Texaco GasTown. Bob would like to estimate the mean...
Bob Nale is the owner of Nale's Texaco GasTown. Bob would like to estimate the mean number of litres (L) of gasoline sold to his customers. Assume the number of litres sold follows the normal distribution with a standard deviation of 10 L. From his records, he selects a random sample of 14 sales and finds the mean number of litres sold is 44. a. What is the point estimate of the population mean? (Round the final answer to the...
Bob Nale is the owner of Nale's Texaco GasTown. Bob would like to estimate the mean...
Bob Nale is the owner of Nale's Texaco GasTown. Bob would like to estimate the mean number of litres (L) of gasoline sold to his customers. Assume the number of litres sold follows the normal distribution with a standard deviation of 6 L. From his records, he selects a random sample of 12 sales and finds the mean number of litres sold is 38. a. What is the point estimate of the population mean? (Round the final answer to the...
Bob Nale is the owner of Nale's Texaco GasTown. Bob would like to estimate the mean...
Bob Nale is the owner of Nale's Texaco GasTown. Bob would like to estimate the mean number of litres (L) of gasoline sold to his customers. Assume the number of litres sold follows the normal distribution with a standard deviation of 12 L. From his records, he selects a random sample of 15 sales and finds the mean number of litres sold is 47. a. What is the point estimate of the population mean? (Round the final answer to the...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT