Construct and interpret a 95% interval for the selling price of a single 92-year-old home.
A) 22.77 to 240.88
We are 95% sure that selling price of a 92-year-old home is between $22,770 and $240,880.
B) 115.57 to 148.07
We are 95% sure that the mean selling price of all 92-year-old homes is between $115,570 and $148,070.
C) 115.57 to 148.07
We are 95% sure that selling price of a 92-year-old home is between $115,570 and $148,070.
D) 22.77 to 240.88
We are 95% sure that the mean selling price of all 92-year-old homes is between $22,770 and $240,880.

Question

Quizplus · Accepted Answer

df = 46, so t* = 2.013
131.82 ± 2.013 ? 53.57 11eeb2d3_8e04_64a4_b9aa_53ca12c63612_TBW1049_11 
131.82 ± 2.013(53.57)(1.011296)
131.82 ± 109.055
22.77 to 240.88
We are 95% sure that selling price of a 92-year-old home is between $22,770 and $240,880.

Construct and Interpret a 95% Interval for the Selling Price