Normal distribution with a standard deviation


Bob Nale is the owner of Nale's Texico. Bob would like to estimate the mean number of gallons of gasoline sold to his customers. Assume the mean number of gallons of gasoline follows a normal distribution with a standard deviation of 2.30 gallons. From the records he selects a random sample of 60 customers and finds the mean number of gallons is 9.60. Develop a 99 percent confidence interval for the population.

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Normal distribution with a standard deviation
Reference No:- TGS0744228

Expected delivery within 24 Hours