Solution) [1%] CONFIDENCE INTERVALS: A survey of 25 grocery stores revealed that the average price of a gallon


Question: [1%] CONFIDENCE INTERVALS: A survey of 25 grocery stores revealed that the average price of a gallon of milk was $2.98 with a standard deviation of $0.50. What is the 95% confidence interval to estimate the true mean cost of a gallon of milk? [Round off to 2 decimals -- Please use the following format ($#.##, $#.##)]

Price: $2.99
Solution: The answer consists of 1 page
Type of Deliverable: Word Document

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