Math Problem Statement

In a random sample of four mobile​ devices, the mean repair cost was ​$85.00 and the standard deviation was ​$12.50. Assume the population is normally distributed and use a​ t-distribution to find the margin of error and construct a 90​% confidence interval for the population mean. Interpret the results. Question content area bottom Part 1 The 90​% confidence interval for the population mean mu is ​(    enter your response here​,    enter your response here​). ​(Round to two decimal places as​ needed.)

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
t-Distribution

Formulas

Margin of error: E = t * (s / √n)
Confidence Interval: (x̄ - E, x̄ + E)

Theorems

t-Distribution
Central Limit Theorem

Suitable Grade Level

Grades 10-12