[See Solution] Franchise: Candy Store Startup Costs (units in $1000) for a random sample of candy stores are given below 95 173 129 95 75 94 116 100 85
Question: Franchise: Candy Store Startup Costs (units in $1000) for a random sample of candy stores are given below
95 173 129 95 75 94 116 100 85
Use a calculator with mean and sample standard deviation keys to verify that \(\bar{X}\) = 106.9 thousand dollars and \(\sigma \) = 29.4 thousand dollars. Find a 90% confidence interval for the population average startup costs µ for candy store franchises.
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