In: Statistics and Probability
UWW is interested in attracting potential students that are both cash strapped and fond of fast food. As a result Willie Warhawk reports in his recruiting materials that the average cost of a complete fast-food meal in Whitewater is $4.82. Suppose this figure was based on a sample of 27 different establishments and the standard deviation was $0.37. Which of the following is the 95% confidence interval for the population mean cost for all fast-food meals in Whitewater.
Group of answer choices
about 4.60≤μ≤5.03
about 4.67≤μ≤4.96
about 4.73≤μ≤4.90
about 4.72≤μ≤4.91
about 4.77≤μ≤4.92
PreviousNext
the 95% confidence interval for the population mean cost for all fast-food meals in Whitewater.
about 4.67≤μ≤4.96
Explnation