Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. a sample of 45 movie tickets had a mean price of $

A sample of 45 movie tickets had a mean price of $9.50 with a standard deviation...

90.2K

Verified Solution

Question

Statistics

A sample of 45 movie tickets had a mean price of $9.50 with astandard deviation of $1.50. Find the 95% confidence interval forthe population mean of the price of movie tickets AND State whattype of confidence interval you used (ZInterval, TInterval,1-PropZInterval)

Answer & Explanation Solved by verified expert
3.9 Ratings (773 Votes)
Solution TIntervalGiven thatPoint estimate sample mean 950sample    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Dillon Products manufactures various machined parts to customerspecifications. The company uses a job-order costing...

Physics
1.2K views

A wave of water behaves like a plane wave with a frequency of 12 Hz breaks...

Electrical Engineering
1.2K views

Design hexadecimal to 7 segment by doing its truth table, its Boolean expression using karnaugh map...

Biology
1.2K views

A plant X is grown under certain conditions and the seeds have been supplied. How...

Basic Math
1.2K views

emand TWO iness students decided to open a small company together to sell the own...

Basic Math
1.2K views

The sum of two numbers is 56. The difference of the two numbers is 32....

Accounting
1.2K views

Pritchett Company reported the following year-end data: Compute the (a) current ratio and (b) acid-test...

Accounting
1.2K views

and capriciours Thue or false

Accounting
1.2K views

Assume the following information was obtained from the comprehensive annual financial report of the city...

Finance
1.2K views

Question 1 (25 pts): Given the following information for Gordon Corporation, find the WACC (weighted...

Finance
1.2K views

Dividend growth rates are of primary importance to A. original analysts B. chartists C. technical...

Finance
1.2K views

As described by the instructor, a Long-Term Financial Plan focuses on forecasting