Do you want to own your own candy store With some interest
Last updated: 2/8/2024
Do you want to own your own candy store With some interest in running your own business and a decent credit rating you can probably get a bank loan on startup costs for franchises such as Candy Express The Fudge Company Karmel Corn and Rocky Mountain Chocolate Factory Startup costs in thousands of dollars for a random sample of candy stores are given below Assume that the population of x values has an approximately normal distribution 96 175 133 100 75 94 116 USE SALT X a Use a calculator with mean and sample standard deviation keys to find the sample mean startup cost x and sample standard deviations in thousands of dollars Round your answers to four decimal places thousand dollars thousand dollars 100 85 b Find a 90 confidence interval for the population average startup costu for candy store franchises in thousands of dollars Enter your answer in the form lower limit to upper limit Include the word to Round your numerical values to one decimal place thousand dollars