# Business statistics Value of t and confidence interval

Oct 15th, 2014
Anonymous
Category:
Mathematics
Price: \$5 USD

Question description

 The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 13 people reveals the mean yearly consumption to be 58 gallons with a standard deviation of 18 gallons.
 (c) For a 90 percent confidence interval, what is the value of t? (Round your answer to 3 decimal places.) Value of t is what _______________
 (d) Develop the 90 percent confidence interval for the population mean. (Round your answers to 3 decimal places.)     Confidence interval for the population mean is _______and ________.Need both percents for this

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