Ball Ellis
10/06/2023 · Primary School

You are given the sample mean and the population standard deviation. Use this information to construct the \( 90 \% \) and \( 95 \% \) confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 45 home theater systems has a mean price of \( \$ 142.00 \). Assume the population standard deviation is \( \$ 18.20 \). Construct a \( 90 \% \) confidence interval for the population mean. The \( 90 \% \) confidence interval is ( \( \square, \square \). (Round to two decimal places as needed.)

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The \(90\%\) confidence interval is (137.55, 146.45) and the \(95\%\) confidence interval is (136.69, 147.31). The \(95\%\) interval is wider than the \(90\%\) interval.

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