The makers of an energy drink want to identify the average age of its consumers. A sample of 20 consumers is selected. The average age in the sample was 22.5 years with a standard deviation of 5...


The makers of an energy drink want to identify the average age of its consumers. A sample of 20 consumers is selected. The average age in the sample was 22.5 years with a standard deviation of 5 years. Assume the population of consumer ages is normally distributed.


A. Contruct a 92% confidence interval for the average age of all consumers


B. Construct an 80% confidence interval for the average age of all consumers


C. Discuss why the 92% and the 80% confidence intervals are different?




Jun 09, 2022
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