The data below gives the mean price (in cents) of a litre of regular gasoline at self-service filling stations at a sample of six urban centres in Canada in May 2010. Urban area Price/litre Halifax 105.4 Thunder Bay Winnipeg Calgary 109.2 98.8 94.9 Victoria 109.7 Whitehorse 112.5 Provide answers to the following to two decimal places. Part (a) Find the sample mean (in cents). Part (b) Find the sample standard deviation (in cents). Part (c) Using the appropriate t distribution, find a 90% confidence interval for the mean gasoline price per litre across urban Canada in May 2010. Provide the upper and lower bounds for your confidence interval. ( Part (d) Would a 95% confidence interval be wider or narrower than the interval you found in Part (c)? Using the appropriate t distribution, find a 95% confidence interval for the mean gasoline price per litre across urban Canada in May 2010. Provide the upper and lower bounds for your confidence interval. (

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
icon
Related questions
Question
The data below gives the mean price (in cents) of a litre of regular gasoline at self-service filling stations at a sample of six urban centres in Canada in May 2010.
Urban area
Price/litre
Halifax
105.4
Thunder Bay
109.2
Winnipeg
98,8
Calgary
94.9
Victoria
109.7
Whitehorse
112.5
Provide answers to the following to two decimal places.
Part (a) Find the sample mean (in cents).
Part (b) Find the sample standard deviation (in cents).
Part (c) Using the appropriate t distribution, find a 90% confidence interval for the mean gasoline price per litre across urban Canada in May 2010. Provide the upper and lower bounds for your confidence interval. (
Part (d) Would a 95% confidence interval be wider or narrower than the interval you found in Part (c)? Using the appropriate t distribution, find a 95% confidence interval for the mean gasoline price per litre across urban Canada in
May 2010. Provide the upper and lower bounds for your confidence interval. (
Transcribed Image Text:The data below gives the mean price (in cents) of a litre of regular gasoline at self-service filling stations at a sample of six urban centres in Canada in May 2010. Urban area Price/litre Halifax 105.4 Thunder Bay 109.2 Winnipeg 98,8 Calgary 94.9 Victoria 109.7 Whitehorse 112.5 Provide answers to the following to two decimal places. Part (a) Find the sample mean (in cents). Part (b) Find the sample standard deviation (in cents). Part (c) Using the appropriate t distribution, find a 90% confidence interval for the mean gasoline price per litre across urban Canada in May 2010. Provide the upper and lower bounds for your confidence interval. ( Part (d) Would a 95% confidence interval be wider or narrower than the interval you found in Part (c)? Using the appropriate t distribution, find a 95% confidence interval for the mean gasoline price per litre across urban Canada in May 2010. Provide the upper and lower bounds for your confidence interval. (
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill