In: Statistics and Probability
Suppose a government department would like to investigate the relationship between the cost of heating a home during the month of February in the Northeast and thehome's square footage. The accompanying data set shows a random sample of 10 homes. Construct a 90% confidence interval to estimate the average cost in February to heat a Northeast home that is 2,900 square feet.
Heating |
Square |
Heating |
Square |
|||||
---|---|---|---|---|---|---|---|---|
Cost ($) |
Footage |
Cost ($) |
Footage |
|||||
330 |
2,410 |
440 |
2,610 |
|||||
300 |
2,410 |
340 |
2,210 |
|||||
300 |
2,020 |
380 |
3,150 |
|||||
250 |
2,210 |
330 |
2,530 |
|||||
310 |
2,310 |
360 |
2,950 |
Determine the upper and lower limits of the confidence interval.