You are making picnic baskets.The list shows the items you are putting into the baskets.You want identical groups of items in ea
ch basket with no items left over.What is the greatest number of picnic baskets you can make?
2 answers:
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Using confidence interval concepts, it is found that:
a) The point estimate is the sample mean.
b) The confidence interval is:
c) If $1411 is between the bounds of the interval yes, otherwise no.
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- At item a, it asks to provide a point estimate for the population mean, which is the sample mean
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Item b:
- In the spreadsheet, it is possible to find the <em>standard deviation for the sample</em>, thus, the t-distribution is used.
- The confidence interval will be given by:
In which:
is the sample mean.
- T is the critical value, from the t-distribution, with a two-tailed area of
and n-1 degrees of freedom.
- s is the standard deviation for the sample.
- n is the sample size.
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Item c:
We have to check if 1411 is between and
.
- If it is, the interval includes the National Average, otherwise, it does not.
A similar problem is given at brainly.com/question/24232455