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The U.S. Dairy industry wants to estimate the mean yearly milk consumption. A sample of 26 people reveals the mean yearly consumption to be 84 gallons with a standard deviation of 26 gallons. Assume the population distribution is normal (Use t Distribution)

1) What is the value of the population mean?

2)What is the estimated population mean?

3) For a 95% confidence interval, what is the value of t? (round to 3 decimal places)

4) Develop the 95% confidence interval for the population mean

5) would it be reasonable to conclude that the population mean is 62 gallons? (Yes, No, or impossible to tell?

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FOR MORE CLASSES VISIT www.tutorialoutlet.com The U.S. Dairy industry wants to estimate the mean yearly milk consumption. A sample of 26 pe...

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FOR MORE CLASSES VISIT www.tutorialoutlet.com The U.S. Dairy industry wants to estimate the mean yearly milk consumption. A sample of 26 pe...