Tony checked out 4 books from the library. He returned the books 3 days late. The fine for late books is $0.05 a day for each bo
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Using the t-distribution, it is found that the 95% confidence interval for the mean number of people the houses were shown is (20.1, 27.9).
We have the <u>standard deviation for the sample</u>, hence the t-distribution is used to build the confidence interval. Important information are given by:
- Sample mean of
.
- Sample standard deviation of
.
- Sample size of
The confidence interval is:
In which t is the critical value for a <u>95% confidence interval with 23 - 1 = 22 df</u>, thus, looking at a calculator or at the t-table, it is found that t = 2.0739.
Then:
The 95% confidence interval for the mean number of people the houses were shown is (20.1, 27.9).
A similar problem is given at brainly.com/question/15180581