Discuss the below:
Q1: A random sample of 10 parking meters in downtown Nashville showed the following incomes for a day.
$2.60, $1.05, $2.45, $2.90, $1.30, $3.10, $2.35, $2.00, $2.40, $2.35
Find the 95% confidence interval of the true mean.
Q2: Out of 250 people surveyed, 112 of them are against paddling as a punishment in school. Give a 90% confidence interval for the true proportion of people who are against paddling in school.
a. Give the null and alternative hypotheses.
b. Give the critical value(s) of the test.
c. Give the test statistic.
d. Give a well thought out and well written conclusion.
e. Give the p-value.
f. Give the error that could have possibly been made.