Question:

112 In a recent sample of 84 used car sales costs the sample

Last updated: 11/27/2023

112 In a recent sample of 84 used car sales costs the sample

112 In a recent sample of 84 used car sales costs the sample mean was 6 425 with a standard deviation of 3 156 Assume the underlying distribution is approximately normal a Which distribution should you use for this problem Explain your choice b Define the random variable X in words c Construct a 95 percent confidence interval for the population mean cost of a used car i State the confidence interval ii Sketch the graph iii Calculate the error bound al moons for this study