Essay
Use the following
The gas prices for a random sample of n = 10 gas stations in the state of Illinois on August 8, 2012 have a mean $3.975, with standard deviation $0.2266.
-The bootstrap distribution, based on 5,000 samples, is provided. Would it be appropriate to use the normal distribution to construct a confidence interval for the mean gas price in Illinois on August 8, 2012? Explain briefly.
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Yes, the bootstrap d...View Answer
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Correct Answer:
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