Question

# How much does a sleeping bag cost? Let's say you want a sleeping bag that should...

How much does a sleeping bag cost? Let's say you want a sleeping bag that should keep you warm in temperatures from 20°F to 45°F. A random sample of prices (\$) for sleeping bags in this temperature range is given below. Assume that the population of x values has an approximately normal distribution.

100 100 55 70 95 75 30 23 100 110 105 95 105 60 110 120 95 90 60 70

(a) Use a calculator with mean and sample standard deviation keys to find the sample mean price x and sample standard deviation s. (Round your answers to two decimal places.)

x = \$____
s = \$____

(b) Using the given data as representative of the population of prices of all summer sleeping bags, find a 90% confidence interval for the mean price μ of all summer sleeping bags. (Round your answers to two decimal places.)

lower limit \$ _____
upper limit \$ _____

ANSER:

Calculated from Excel and given all the formulas behind calculations.....!!!

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