low income people are having troubles with fordable housing in the city of phoenix, so the government Sets a rent controls where
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Answer: The confidence interval would be (82198.71, 103801.28).
Explanation:
Since we have given that
Mean = $93,000
Standard deviation = $17,000
n = 12 < 30
So, we will use 't-test' to find the 95% confidence interval,
Here ,
and
So, according to t table, we get that
So, interval would be
Hence, the confidence interval would be (82198.71, 103801.28).
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