In: Statistics and Probability
DATAfile: TobaccoFires
You may need to use the appropriate appendix table or technology to answer this question.
The mean cost to repair the smoke and fire damage that results from home fires of all causes is $11,389.† How does the damage that results from home fires caused by careless use of tobacco compare? The DATAfile named TobaccoFires provides the cost to repair smoke and fire damage associated with a sample of 55 fires caused by careless use of tobacco products.
17,748 | 18,429 | 17,312 | 17,622 | 23,149 | 18,340 | 23,669 | 23,006 | 18,378 | 14,160 | 21,653 |
18,060 | 20,043 | 13,859 | 22,401 | 14,970 | 15,111 | 22,320 | 21,159 | 15,628 | 19,082 | 13,832 |
20,124 | 17,819 | 16,860 | 19,042 | 16,812 | 14,610 | 16,496 | 21,287 | 17,721 | 20,229 | 23,942 |
18,937 | 21,697 | 15,098 | 18,611 | 22,137 | 19,223 | 20,527 | 16,830 | 19,854 | 20,499 | 22,607 |
13,561 | 22,031 | 22,128 | 23,200 | 23,221 | 15,096 | 15,978 | 20,768 | 22,036 | 17,678 | 23,910 |
Using past years' data, the population standard deviation can be assumed known with
σ = $3,027.
What is the 95% confidence interval estimate of the mean cost to repair smoke and fire damage that results from home fires caused by careless use of tobacco? (Round your answer to the nearest dollar.)
$ to $
How does this compare with the mean cost to repair the smoke and fire damage that results from home fires of all causes?
The average cost to repair the smoke and fire damage that result from home fires of all causes is ---Select--- below within above the 95% confidence interval for the mean cost of fires resulting from tobacco. This shows the mean cost of fires resulting from tobacco is ---Select--- lower higher than the average cost to repair the smoke and fire damage that results from home fires due to all causes.
Let denotes the mean cost to repair smoke and fire damage that results from home fires caused by careless use of tobacco.
The average cost to repair the smoke and fire damage that result from home fires of all causes is within the 95% confidence interval for the mean cost of fires resulting from tobacco.
This shows the mean cost of fires resulting from tobacco is higher than the average cost to repair the smoke and fire damage that results from home fires due to all causes.