Register
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 normal? Choose correct
233k views
3 votes
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 normal? Choose correct explanation!

User Bruce Armstrong
by
5.6k points

1 Answer

0 votes

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

User Psur
by
4.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

What is the value of x? (-4) - x = 5
1/7 + 3/14 equivalent fractions
185g in the ratio 2:3
(3x1,000,000)+(3x100,000)+(2x100) what is this number written in standard form?
The function h = -t2 + 95 models the path of a ball thrown by a boy where h represents height, in feet, and t represents the time, in seconds, that the ball is in the air. Assuming the boy lives at sea
Link Copied!