A random sample of the price of gasoline from 30 gas stations in a region gives the statistics below. Complete parts a) through c). y=$4.49, s = $0.26 a) Find a 95% confidence interval for the mean price of regular gasoline in that region. 4.382 4.598 (Round to three decimal places as needed.) b) Find the 90% confidence interval for the mean. (Round to three decimal places as needed.) c) If we had the same statistics from a sample of 60 stations, what would the 95% confidence interval be now? (Round to three decimal places as needed.)
A random sample of the price of gasoline from 30 gas stations in a region gives the statistics below. Complete parts a) through c). y=$4.49, s = $0.26 a) Find a 95% confidence interval for the mean price of regular gasoline in that region. 4.382 4.598 (Round to three decimal places as needed.) b) Find the 90% confidence interval for the mean. (Round to three decimal places as needed.) c) If we had the same statistics from a sample of 60 stations, what would the 95% confidence interval be now? (Round to three decimal places as needed.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
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