In: Statistics and Probability
The manufacturer of a new line of ink-jet printers would like to include as part of its advertising the number of pages a user can expect from a print cartridge. The results from a sample of 14 cartridges can be found here
1168 |
2265 |
1346 |
1814 |
1286 |
1611 |
1083 |
1216 |
2028 |
1498 |
2411 |
1145 |
1708 |
1685 |
a. what is the point estimate of the population mean and standard deviation?
b. develop a 90% interval for the population mean
c. if the point estimate of the population mean and standard deviation are accurate, what is the probability that another sample of 14 cartridges will last an average of more than 1650 pages?
please show your work
The point estimate of population mean is given by sample mean and formula is given by
And standard deviation is given by
For the calculation I use the excel and excel sheet and complete ans is given below