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

80.2K

Verified Solution

Question

Basic Math

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

80 65 95 90 105 100 30 23 100 110 105 95 105 60 110 120 95 90 6070

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

x = $

s = $

(b) Using the given data as representative of the population ofprices of all summer sleeping bags, find a 90% confidence intervalfor the mean price μ of all summer sleeping bags. (Round youranswers to two decimal places.)

lower limit $

upper limit $

Answer & Explanation Solved by verified expert
3.9 Ratings (580 Votes)
Solution Given    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