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Hello, value: 0.00 points The U.S. Dairy Industry wants to estimate the mean yea

ID: 3054867 • Letter: H

Question

Hello,

value: 0.00 points The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 25 people reveals the mean yearly consumption to be 82 gallons with a standard deviation of 24 gallons. Assume that the population distribution is nomal. (Use t Distribution Table) a-1. What is the value of the population mean? O Unknown O 24 O 82 a-2. What is the best estimate of this value? Estimate population mean C. For a 90% confidence interval, what is the value of t? (Round your answer to 3 decimal places.) Value oft d. Develop the 90% confidence interval for the population mean. (Round your answers to 3 decimal places.) Confidence interval for the population mean is e. Would it be reasonable to conclude that the population mean is 75 gallons? O No O Yes OIt is not possible to tell.

Explanation / Answer

a-1. Unknown as N is not known (no of people in population)

a-2. population mean is certainly not 82. We need to find error bound to get close to the best estimate.

c. t=1.319

e. it is not possible to tell