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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Camping: Cost of a Sleeping Bag How much does a sleeping bag cost? Let’s say you want a sleeping bag that should keep you warm in temperatures from 20°F to 45°F. A random sample of prices ($) for sleeping bags in this temperature range was taken from Backpacker Magazine: Gear Guide (Vol. 25, Issue 157, No. 2). Brand names include American Camper, Cabela’s, Camp 7, Caribou, Cascade, and Coleman.
|
80 |
90 |
100 |
120 |
75 |
37 |
30 |
23 |
100 |
110 |
|
105 |
95 |
105 |
60 |
110 |
120 |
95 |
90 |
60 |
70 |
(a) Use a calculator with mean and sample standard deviation keys to verify thatÂ
and s ≈ $28.97.
(b) Using the given data as representative of the population of prices of all summer sleeping bags, find a 90% confidence interval for the mean price m of all summer sleeping bags.
(c) Interpretation What does the confidence interval mean in the context of this problem?
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