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 standard error from the bootstrap distribution is SE = 0.069. Use the normal distribution to construct and interpret a 90% confidence interval for the mean gas price in Illinois (on August 8, 2012). Round all values to two decimal places.
Correct Answer:
Verified
z* = 1.645
$3.86 to $4.09
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Correct Answer:
Verified
$3.86 to $4.09
W...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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