Cargo pants that regularly sell for $36 are now on sale for 30% off. How much is the discount
2 answers:
You might be interested in
Answer:
The 95% confidence interval estimate for the population mean life of compact fluorescent light bulbs in this shipment is between 7,255 hours and 7,745 hours.
Step-by-step explanation:
We have that to find our level, that is the subtraction of 1 by the confidence interval divided by 2. So:
Now, we have to find z in the Ztable as such z has a pvalue of .
So it is z with a pvalue of , so
Now, find the margin of error M as such
In which is the standard deviation of the population and n is the size of the sample.
The lower end of the interval is the sample mean subtracted by M. So it is 7500 - 245 = 7255 hours.
The upper end of the interval is the sample mean added to M. So it is 7500 + 245 = 7745 hours.
The 95% confidence interval estimate for the population mean life of compact fluorescent light bulbs in this shipment is between 7,255 hours and 7,745 hours.