Statistics

posted by .

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 -

    d.$3822.00 to $4434.00

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. statistics

    Suppose that large dogs weights are normally distributed with a mean of 100 pounds and a standard deviation of 10 pounds. If one of these dogs is picked random: a) what is the probability that the dog will weigh over 110 pounds?
  2. Stat 1

    Seventy million pounds of trout are grown in the U.S. every year. Farm-raised trout contain an average of grams of fat per pound, with a standard deviation of grams of fat per pound. A random sample of farm-raised trout is selected. …
  3. Statistics and Probability

    A computer supply house receives a large shipment of blank CDs each week. Past experience has shown that the number of flaws per CD can be described by the following probability distribution, where the random variable X represents …
  4. Math

    What price do farmers get for the peach crops?
  5. statistics

    Seventy million pounds of trout are grown in the U.S. every year. Farm-raised trout contain an average of 32 grams of fat per pound, with a standard deviation of 7.5 grams of fat per pound. A random sample of 34 farm-raised trout is …
  6. statistics

    Seventy million pounds of trout are grown in the U.S. every year. Farm-raised trout contain an average of 32 grams of fat per pound, with a standard deviation of 7.5 grams of fat per pound. A random sample of 34 farm-raised trout is …
  7. Statistics

    What price do farmers get for their watermelon crops?
  8. Statistics

    What price do farmers get for their watermelon crops?
  9. statistics

    the weights of shells follow a normal distribution. a random sample of 12 hybrid shells a a mean weight of 1.7 pounds with standard deviation 0.24 pounds. Find a 95 % confidence interval level for the mean weight if the fall catch …
  10. STAT

    The weights of the 100 students in an introductory statistics class are normally distributed, with a mean of 170 pounds and a standard deviation of 5 pounds. How many students would you expect to have weight between 162 pounds and …

More Similar Questions