Discuss the below:
Q: The Minneapolis Star Tribune newspaper has decided to write an article about gasoline prices in the Twin Cities area (Minneapolis and St. Paul). The paper has designed a survey and taken a simple random sample of regular, unleaded gas prices at 35 area stations. The results are in the Area Gas Prices -Use this data to develop a 95% confidence interval for the average price of regular, unleaded gasoline in the area.
| Area Gas Prices - Random Sample |
| Station |
Minneapolis Price of Regular Unleaded |
Station |
St. Paul Price of Regular Unleaded |
| 1 |
$3.24 |
36 |
$3.05 |
| 2 |
$3.03 |
37 |
$2.89 |
| 3 |
$3.63 |
38 |
$3.84 |
| 4 |
$3.58 |
39 |
$3.50 |
| 5 |
$2.94 |
40 |
$2.78 |
| 6 |
$3.68 |
41 |
$3.51 |
| 7 |
$3.14 |
42 |
$3.33 |
| 8 |
$3.36 |
43 |
$3.31 |
| 9 |
$3.40 |
44 |
$3.20 |
| 10 |
$3.20 |
45 |
$3.15 |
| 11 |
$2.85 |
46 |
$2.75 |
| 12 |
$3.80 |
47 |
$3.79 |
| 13 |
$3.31 |
48 |
$3.10 |
| 14 |
$3.78 |
49 |
$3.92 |
| 15 |
$3.43 |
50 |
$3.31 |
| 16 |
$3.27 |
51 |
$3.45 |
| 17 |
$3.18 |
52 |
$3.17 |
| 18 |
$3.48 |
53 |
$3.44 |
| 19 |
$3.00 |
54 |
$2.93 |
| 20 |
$3.36 |
55 |
$3.21 |
| 21 |
$3.52 |
56 |
$3.37 |
| 22 |
$3.26 |
57 |
$3.08 |
| 23 |
$3.04 |
58 |
$3.04 |
| 24 |
$3.17 |
59 |
$3.24 |
| 25 |
$3.26 |
60 |
$3.17 |
| 26 |
$3.27 |
61 |
$3.36 |
| 27 |
$3.30 |
62 |
$3.25 |
| 28 |
$3.51 |
63 |
$3.62 |
| 29 |
$3.80 |
64 |
$3.88 |
| 30 |
$3.05 |
65 |
$3.02 |
| 31 |
$3.56 |
66 |
$3.68 |
| 32 |
$3.53 |
67 |
$3.29 |
| 33 |
$2.96 |
68 |
$2.81 |
| 34 |
$3.57 |
69 |
$3.43 |
| 35 |
$3.58 |
70 |
$3.44 |