Multiple Choice
Hoping to attract more shoppers,a city builds a new public parking garage downtown.The city plans to pay for the structure through parking fees.The consultant,who advised the city on this project,randomly selected 44 weekdays.Daily fees collected averaged $126.Based on data from other parking structures,the consultant will assume parking fees at this parking garage are Normally distributed with a standard deviation of $15. What is a 90% confidence interval for the mean daily income this parking garage will generate from the parking fees?
A) ($107.31,$144.69)
B) ($121.57,$130.43)
C) ($122.28,$129.72)
D) ($125.44,$126.56)
Correct Answer:

Verified
Correct Answer:
Verified
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