In a random sample of seven cell​ phones, the mean full retail price was ​$407.00 and the standard deviation was ​$196.00. Assume the population is normally distributed and use the​t-distribution to...


In a random sample of


seven

cell​ phones, the mean full retail price was


​$407.00

and the standard deviation was


​$196.00.

Assume the population is normally distributed and use the​t-distribution to find the margin of error and construct a


90​%

confidence interval for the population mean


μ.

Interpret the results.



Jun 07, 2022
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