Bob Nale is the owner of Nale's Quick Fill. Bob would like to estimate the mean...

70.2K

Verified Solution

Question

Statistics

Bob Nale is the owner of Nale's Quick Fill. Bob would like toestimate the mean number of gallons of gasoline sold to hiscustomers. Assume the number of gallons sold follows the normaldistribution with a population standard deviation of 2.2 gallons.From his records, he selects a random sample of 56 sales and findsthe mean number of gallons sold is 8.07. (Round youranswers to 2 decimal places.)

(a)The point estimate of the population mean is
(b)

The 99 percent confidence interval for the population mean isbetween  and .

Answer & Explanation Solved by verified expert
4.1 Ratings (729 Votes)
Solution Given thataPoint estimate sample mean    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