document.write( "Question 995165: You are estimating the cost of engine overhauls. A sample of 49 repairs showed an average overhaul of 285 hours with a standard deviation of 60 hours. Calculate a 95% confidence interval for the average overhaul. (Carry intermediate calculations to three decimal places.)
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Algebra.Com's Answer #613966 by stanbon(75887) ![]() You can put this solution on YOUR website! You are estimating the cost of engine overhauls. A sample of 49 repairs showed an average overhaul of 285 hours with a standard deviation of 60 hours. Calculate a 95% confidence interval for the average overhaul. (Carry intermediate calculations to three decimal places.) \n" ); document.write( "------- \n" ); document.write( "Sample mean:: 285 \n" ); document.write( "ME = 1.96(60/sqrt(49) = 1.96(60/7) = 16.8 \n" ); document.write( "----- \n" ); document.write( "95% CI:: 285-16.8 < u < 285+16.8 \n" ); document.write( "----------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "--------- \n" ); document.write( " |