A random sample of 42 cars in the drive-thru of a popular fast food restaurant revealed an average bill of $17.36 per car. The population standard deviation is $5.50. Estimate the mean bill for all cars from the drive-thru with 98% confidence. Round intermediate and final answers to two decimal places.
We have given that,
Sample mean =$17.36
Population standard deviation=$5.5
Sample size=42
Level of significance =1-0.98=0.02
Z critical value (by using Z table)=2.326
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