Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 9 - Section 9.2 - Assess Your Understanding - Applying the Concepts - Page 451: 42d

Answer

95% Confidence Interval: $342,426\lt x̅\lt420,389$

Work Step by Step

In MINITAB, with the results from item (c) still available: Select Stat -> Basic Statistics -> 1-Sample t Choose "One or more samples, each in a column". In the box bellow enter C1 Click in Options. Enter 95 in Confidence level. Select Mean $\ne$ hypothesized mean. Click Ok. Click Ok.
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