Finn, a tourism expert, is researching the price of burgers on Highway 1. He randomly selected 18 places that sell burgers and checked the price. The average price of the burgers was 1,425 pesos and the standard deviation was 73 pesos. It can be assumed that the price of burgers follows a normal distribution. Questions 1 and 2 deal with Finn and his experiment. What is the upper limit of 95% safety margin for the average price of burgers on Highway 1? 1458.72. 1391.28. 1288.70. 1461.3. What is the lower limit of the 95% confidence interval for the price distribution of burgers on Highway 1? 1328.4. 1265.3. 11976.6. 3000.6.
Finn, a tourism expert, is researching the price of burgers on Highway 1. He randomly selected 18 places that sell burgers and checked the price. The average price of the burgers was 1,425 pesos and the standard deviation was 73 pesos. It can be assumed that the price of burgers follows a normal distribution. Questions 1 and 2 deal with Finn and his experiment. What is the upper limit of 95% safety margin for the average price of burgers on Highway 1? 1458.72. 1391.28. 1288.70. 1461.3. What is the lower limit of the 95% confidence interval for the price distribution of burgers on Highway 1? 1328.4. 1265.3. 11976.6. 3000.6.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Finn, a tourism expert, is researching the price of burgers on Highway 1. He randomly selected 18 places that sell burgers and checked the price. The average price of the burgers was 1,425 pesos and the standard deviation was 73 pesos. It can be assumed that the price of burgers follows a
Questions 1 and 2 deal with Finn and his experiment.
- What is the upper limit of 95% safety margin for the average price of burgers on Highway 1?
- 1458.72.
- 1391.28.
- 1288.70.
- 1461.3.
- What is the lower limit of the 95% confidence interval for the price distribution of burgers on Highway 1?
- 1328.4.
- 1265.3.
- 11976.6.
- 3000.6.
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