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Mathematics, 30.03.2021 02:50 shollydot1379

A paint manufacturer wants to determine the average drying time of a new interior wall paint. For n = 50 test areas of equal size he obtained a sample mean drying time of ¯x = 63.3 minutes and a sample standard deviation of s = 8.4 minutes. (a) (5 points) Construct the 95% confidence interval for the true mean µ. (b) (5 points) Suppose the population has a normal distribution, construct the exactly 95% confidence interval for the true mean µ. (c) (5 points) Suppose the population has a normal distribution, construct the 95% prediction interval for a new observation.

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