Question

In: Statistics and Probability

PrintTech, Inc. is introducing a new line of ink-jet printers and would like to promote the...

PrintTech, Inc. is introducing a new line of ink-jet printers and would like to promote the number of pages a user can expect from a print cartridge. A sample of 10 cartridges revealed the following number of pages printed. (Use t Distribution Table.) 2,983 3,096 2,510 2,559 2,559 2,622 2,537 2,485 3,236 2,758 picture Click here for the Excel Data File What is the point estimate of the population mean? (Round your answer to 2 decimal places.) Develop a 98% confidence interval for the population mean. (Round your answers to 2 decimal places.)

  1. hat is the point estimate of the population mean? (Round your answer to 2 decimal places.)
  1. Develop a 98% confidence interval for the population mean. (Round your answers to 2 decimal places.)

Solutions

Expert Solution

The data is provided as :

Data
2983
3096
2510
2559
2559
2622
2537
2485
3236
2758
Sum 27345
Count 10
Mean 2734.50
SD 272.9270

a)

The point estimate of the population mean = 2734.50

b)

Let me know in the comments if anything is not clear. I will reply ASAP! Please do upvote if satisfied!

orchestra answered 1 year ago
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