Confidence interval for the true mean


The addition of a new accelerator is claimed to decrease the drying time of latex paint by more than 4%. Several test samples were conducted with the following percentage decrease in drying time. Assume that the percentage decrease in drying time is normally distributed.

5.1 6.5 3.9 6.0 3.5 2.4 2.8 4.3

(a) Find the 95% confidence interval for the true mean decrease in the drying time based on this sample. (Give your answers correct to two decimal places.)

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Basic Statistics: Confidence interval for the true mean
Reference No:- TGS0722629

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