The mean retail price of agriculture books in 2005 was $57.61. This year’s retailmean price for 28 randomly selected agriculture books was $54.97. Assumethat the population standard deviation of prices for this year’s agriculturebooks is $8.45.
(d)Does the interval in part (c) support the result in part (a)? Explain youranswer.
part A) answer: z= -1.65, two tailed ctritical value at 5% significance level is -1.96
part C) answer= CI=(51.84,58.10)
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