A random sample of 10 parking meters in a beach community showed the following incomes for a day. $3
Question: A random sample of 10 parking meters in a beach community showed the following incomes for a day. $3.60 $4.50 $2.80 $6.30 $2.60 $5.20 $6.75 $4.25 $8.00 $3.00
Find the mean and standard deviation of this data using Excel's data analysis-descriptive statistics function mean = standard deviation =
Assume the incomes are normally distributed. Find the 95% confidence interval for the true mean income for all parking meters.
Price: $2.99
See Solution: The downloadable solution consists of 1 page
Solution Format: Word Document
Solution Format: Word Document
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