Posted by Desperate on Saturday, July 7, 2012 at 3:53pm.
In the third week of July, a random sample of 61 farming regions gave a sample mean of = $6.88 per 100 pounds of watermelon. Assume that is known to be $1.72 per 100 pounds. A farm brings 30 tons of watermelon to market. Find a 98% confidence interval for the population mean cash value of this crop, if the confidence interval for the mean per 100 pounds is $6.37 to $7.39. Round your answer to the nearest cent. Hint: 1 ton is 2000 pounds.
Answer
a. $424.67 to $492.67
b. $38,220.00 to $44,340.00
c. $191.10 to $221.70
d. $3822.00 to $4434.00
e. $382,200.00 to $443,400.00

Statistics  Aye Hnin Pwint, Friday, July 10, 2015 at 4:12am
d.$3822.00 to $4434.00
Answer This Question
Related Questions
 Statistics  What price do farmers get for their watermelon crops? In the third ...
 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  Suppose that large dogs weights are normally distributed with a ...
 statistics  Seventy million pounds of trout are grown in the U.S. every year. ...
 statistics  Seventy million pounds of trout are grown in the U.S. every year. ...
 Stat 1  Seventy million pounds of trout are grown in the U.S. every year. Farm...
 statistics  the weights of shells follow a normal distribution. a random sample...
 Statistics and Probability  A computer supply house receives a large shipment ...
 STAT  The weights of the 100 students in an introductory statistics class are ...
More Related Questions