MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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In a random sample of four mobile devices, the mean repair cost was $70.00 and the standard deviation was $14.00. Assume the population is normally distributed and
use a t-distribution to find the margin of error and construct a 90% confidence interval for the population mean. Interpret the results.
The 90% confidence interval for the population mean p is (. ).
(Round to two decimal places as needed.)
The margin of error is $.
(Round to two decimal places as needed.)
Interpret the results. Choose the correct answer below.
O A. With 90% confidence, it can be said that the population mean repair cost is between the bounds of the confidence interval.
O B. It can be said that 90% of mobile devices have a repair cost between the bounds of the confidence interval.
O C. With 90% confidence, it can be said that the repair cost is between the bounds of the confidence interval.
O D. If a large sample of mobile devices are taken approximately 90% of them will have repair costs between the bounds of the confidence interval.
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Transcribed Image Text:In a random sample of four mobile devices, the mean repair cost was $70.00 and the standard deviation was $14.00. Assume the population is normally distributed and use a t-distribution to find the margin of error and construct a 90% confidence interval for the population mean. Interpret the results. The 90% confidence interval for the population mean p is (. ). (Round to two decimal places as needed.) The margin of error is $. (Round to two decimal places as needed.) Interpret the results. Choose the correct answer below. O A. With 90% confidence, it can be said that the population mean repair cost is between the bounds of the confidence interval. O B. It can be said that 90% of mobile devices have a repair cost between the bounds of the confidence interval. O C. With 90% confidence, it can be said that the repair cost is between the bounds of the confidence interval. O D. If a large sample of mobile devices are taken approximately 90% of them will have repair costs between the bounds of the confidence interval.
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