(Step-by-Step) The following quotes for cleaning cost have been obtained from a random simple of 12 providers chosen from a much larger population, prior
Question: The following quotes for cleaning cost have been obtained from a random simple of 12 providers chosen from a much larger population, prior to awarding a contract for these services:
$114, 154, 142, 132, 127, 145, 135, 138, 126, 142, 135, 124
- Approximately how far is the average of these 12 quotes from the unknown mean for the entire population of providers
- Find the 95% confidence interval for the population mean quote
- Find the 99% confidence interval for the population mean quote
- Find the one sided 95% confidence interval that claims that the population mean quote is no larger tan some value.
- Find the one sided 99% confidence interval that claims that the population mean quote is no larger tan some value.
Price: $2.99
Solution: The downloadable solution consists of 3 pages
Deliverable: Word Document 