RESEARCH METHODOLOGY

STATISTICAL TECHNIQUES AND TOOLS

CONFIDENCE INTERVALS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In a random sample of 28 sports cars, the average annual fuel cost was $2218 and the standard deviation was $523. Construct a 90% confidence interval for the population mean. Assume the annual fuel costs are normally distributed.
A
2049.7< µ < 2386.3
B
2055.4 < µ < 2380.6
C
Either A or B
D
None of the above
Explanation: 
There is 1 question to complete.