A city built a new parking garage in a business district. For a random sample of...

A city built a new parking garage in a business district. For a random sample of 64 days, daily fees collected averaged $2,000, with a standard deviation of $400.

(a) Construct a 90% confidence interval estimate of the mean daily parking fees collected.

(b) Describe the confidence interval in everyday language.

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TOPIC:Confidence interval for the population mean.

orchestra answered 1 year ago

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