Business Stats Confidence interval

Anonymous
Category:
Statistics
Price: $5 USD
Question description

The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 19 people reveals the mean yearly consumption to be 70 gallons with a standard deviation of 14 gallons. Assume that the population distribution is normal

For a 98% confidence interval, what is the value of t need it to 3 decimals

Develop the 98% confidence interval for the population mean 3 decimals for both

Confidence interval for the population mean is _____________ and _________________

Tutor Answer

(Top Tutor) Studypool Tutor
School: Carnegie Mellon University
PREMIUM TUTOR
Completed Work
Studypool has helped 1,244,100 students
Report DMCA
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1824 tutors are online

Related Statistics questions

need help with sampling distribution
10/20/2015
Please answer Chapter 8 Statistics questions
10/20/2015
prime interest rate statistics question
10/20/2015
Predict the price when the prime interest rate is 6.5%.
10/20/2015
How do you find the amount for the weekly deposits?
10/20/2015
Statistics homework help needed
10/19/2015
how to do a central limit theorem
10/19/2015
Statistics homework help needed
10/19/2015
Let X be normally distributed
10/19/2015
what percent of the samples would the sample mean height be
10/19/2015

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors