The average price of an item is $42 with a standard deviation of $3 Find a 98% confidence interval about the mean (one decimal place). Is a value of X=48 unusually high or is it…

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asked Jul 24, 2022 233k views

1 Answer

Psur · Answer 1 · 2022-07-29T09:19:01+0000

Explanation:

standard deviation of $3

Find a 98% confidence interval about the mean (one decimal place).

Is a value of X=48 unusually high or is it normal? Choose correct explanation