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In a random sample of six microwave​ ovens, the mean repair cost was ​$75.00 and the...

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Statistics

In a random sample of six microwave​ ovens, the mean repair costwas ​$75.00 and the standard deviation was ​$11.00. Assume thepopulation is normally distributed and use a​ t-distribution toconstruct a 99​% confidence interval for the population mean μ.What is the margin of error of μ​? Interpret the results.

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Solution Given thatPoint estimate sample mean 75sample standard    See Answer
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