A random sample of prices of petrol per litre (in p per litre) from UK filling stations was taken during November 2021. Based on these data, a 95% confidence interval for the mean price of petrol per litre (in p per litre) was found to be (131.42, 142.22). Given that 1 litre is equivalent to 0.22 gallons calculate a 95% confidence interval for the mean price of petrol from UK filling stations in p per gallon. Explain your reasoning.
A random sample of prices of petrol per litre (in p per litre) from UK filling stations was taken during November 2021. Based on these data, a 95% confidence interval for the mean price of petrol per litre (in p per litre) was found to be (131.42, 142.22). Given that 1 litre is equivalent to 0.22 gallons calculate a 95% confidence interval for the mean price of petrol from UK filling stations in p per gallon. Explain your reasoning.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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