A random sample of 42 gas grills has a mean price of 62840 a

A random sample of 42 gas grills has a mean price of $628.40 and a standard deviation is $58.10.

The 90% confidence interval is ____,_____

The 95% confidence interval is ____,_____

which interval is wider the 95% or 90% confidence interval

Solution

n = 42

Mean = 628.40

std dev = 58.10

Std error = 58.10/rt 41

Margin of error for 90% = 1.64 times std error

mu 628.4
n 42
sigma 58.1
std error 8.965025
z alpha/2 1.96 1.64
Margin of error 17.57145 14.70264
Con int lower bound 610.8286 613.6974
Upper bound 645.9714 643.1026
95% interval is wider
A random sample of 42 gas grills has a mean price of $628.40 and a standard deviation is $58.10. The 90% confidence interval is ____,_____ The 95% confidence in

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