Mathematics, 24.03.2020 21:28, missjohnson4449
Victoria is interested in opening her own candy store. She has researched and found that of the 14 stores she investigated, the average start up cost is 100 thousand dollars with a standard deviation of 29.1 thousand dollars. Construct a 99% confidence interval for the average start up cost for a candy store.
Answers: 1
~ 
= sample average start up cost = 100 thousand dollars
= sample standard deviation = 29.1 thousand dollars
= population average start up cost
< 3.012) = 0.99
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) = 0.99
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Victoria is interested in opening her own candy store. She has researched and found that of the 14 s...
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