Do you want to own your own candy store? Wow! With some interestin running your own business and a decent credit rating, you canprobably get a bank loan on startup costs for franchises such asCandy Express, The Fudge Company, Karmel Corn, and Rocky MountainChocolate Factory. Startup costs (in thousands of dollars) for arandom sample of candy stores are given below. Assume that thepopulation of x values has an approximately normal distribution. 95176 134 100 75 94 116 100 85 (a) Use a calculator with mean andsample standard deviation keys to find the sample mean startup costx and sample standard deviation s. (Round your answers to onedecimal place.) x = thousand dollars s = thousand dollars (b) Finda 90% confidence interval for the population average startup costs? for candy store franchises. (Round your answers to one decimalplace.) lower limit thousand dollars upper limit thousanddollars
