Homework Help: Statistics

Posted by Desperate on Saturday, July 7, 2012 at 3:51pm.

What price do farmers get for their watermelon crops? In the third week of July, a random sample of 52 farming regions gave a sample mean of = $6.68 per 100 pounds of watermelon. Assume that is known to be $1.94 per 100 pounds. A farm brings 35 tons of watermelon to market. Find a 98% confidence interval for the population mean cash value of this crop. Round your answer to the nearest dollar. Hint: 1 ton is 2000 pounds.
Answer
a. $4613 to $4739
b. $4585 to $3885
c. $4543 to $4809
d. $4494 to $4858
e. $4235 to $5117

No one has answered this question yet.

Answer this Question

Related Questions

Statistics - What price do farmers get for their watermelon crops? In the third...
Math - What price do farmers get for the peach crops? in the third week of June...
Statistics - In the third week of July, a random sample of 61 farming regions ...
social civics - Price supports help farmers by? A)Guaranteeing prices for their ...
Statistics - 28. A group of statistics students decided to conduct a survey at ...
math - Relative humidities (represented by RH below) of less than 51% cause ...
statistics - Statistical Abstracts (117th edition) reports sale price of ...
Statistics - During the month of July, an auto manufacturer gives its production...
Statistics - he Oil Price Information Center reports the mean price per gallon ...
Math - How can you classify the 2 examples that you gave in part c? Is it: ...

For Further Reading

First Name:
School Subject:
Answer: