Mathematics, 05.05.2020 17:19 cthompson1107
Suppose taxi fares from Logan Airport to downtown Boston is known to be normally distributed and a sample of seven taxi fares produ confidence interval
we are 95% confident that a randomly selected taxi fare will be between S2051 and S2421
95% of all taxi fares are between S2051 and S2421
We are 95% confident that the average tau fare between Logan Airport and downtown Boston will fall between S2051 and S2421.
The mean amount of a taxi fare is S22.31, 95% of the time
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