One machines value changed by -$6400 over 5 years. THe company charges off such changes in value as depreciation. Each year an e
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Answer:
CI ≈ (173.8 < μ < 196.2)
Step-by-step explanation:
We are told that laboratory tested twelve chicken eggs. Thus;
n = 12
Mean; x¯ = 185 mg
S.D; s = 17.6 mg
DF = n - 1 = 12 - 1 = 11
We have a 95% confidence level. Thus; α = 0.05
Since n < 30, we will use t-sample test.
Thus, from t-table attached at 95% Confidence level and DF = 11, we have;
t = 2.201
Thus,formula for Confidence interval is;
CI = (x¯ - t(s/√n)) < μ < (x¯ + t(s/√n))
CI = (185 - 2.201(17.6/√12)) < μ < (185 + 2.201(17.6/√12))
CI = (185 - 11.1825) < μ < (185 + 11.1825)
CI = (173.8175 < μ < 196.1825)
CI ≈ (173.8 < μ < 196.2)
