According to a survey by Rhnzheimer international, the average cost of a fast food meal is $4.82. Su


Question: According to a survey by Rhnzheimer international, the average cost of a fast food meal is $4.82. Suppose this figure was based on a sample of 27 different establishments and the sample standard deviation was 0.37. Construct a 95% confidence interval for the population mean cost for all fast food meals in Seattle. Assume the cost for fast food meals in Seattle is normally distributed. Using the interval as a guide, is it likely that the population mean is really $4.50? why or why not?

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Answer: The solution consists of 1 page
Deliverables: Word Document

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