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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
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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
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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
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