Books get more and more expensive every semester, but the distribution of their prices is always normal. 25 randomly selected students in your school spent, on average $500 with a standard deviation of $50. Construct a 98% confidence interval for the true spending on books.
- 1. Intro to Stats and Collecting Data55m
- 2. Describing Data with Tables and Graphs1h 55m
- 3. Describing Data Numerically1h 45m
- 4. Probability2h 16m
- 5. Binomial Distribution & Discrete Random Variables2h 33m
- 6. Normal Distribution and Continuous Random Variables1h 38m
- 7. Sampling Distributions & Confidence Intervals: Mean1h 53m
- 8. Sampling Distributions & Confidence Intervals: Proportion1h 12m
- 9. Hypothesis Testing for One Sample2h 19m
- 10. Hypothesis Testing for Two Samples3h 22m
- 11. Correlation1h 6m
- 12. Regression1h 4m
- 13. Chi-Square Tests & Goodness of Fit1h 20m
- 14. ANOVA1h 0m
Struggling with Statistics?
Join thousands of students who trust us to help them ace their exams!Watch the first videoFor which of the following scenarios can you NOT create a confidence interval using the standard normal or t-distribution?
In an attempt to see how their electric bill compares to their neighbors, a couple talks with 5 others on their street. They find that the sample mean monthly electric bill is $99.50 with a sample standard deviation of $9.20. Construct a 99% confidence interval for the population mean monthly electric bill.
Of 29 randomly selected rugby players, the sample mean resting heart rate is found to be 54 bpm with a population standard deviation of 3 bpm. Assuming the heart rates are normally distributed, construct an 80% confidence interval for the population mean resting heart rate.
400 random gas stations are found to have a sample mean cost of $3.50 per gallon with a sample standard deviation of $0.50. Construct a 95% confidence interval for the true mean spending on books.

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