An Environmental Group at a Local College Is Conducting Independent $\left[ \begin{array} { l l } 26.16 & 30.24\end{array} \right]$

question 96

Multiple Choice

An environmental group at a local college is conducting independent tests to determine the distance a particular make of automobile will travel while consuming only 1 gallon of gas.They test a sample of five cars and obtain a mean of 28.2 miles.Assuming that the standard deviation is 2.7 miles,find the 95 percent confidence interval for the mean distance traveled by all such cars using 1 gallon of gas.

• A) \(\left[ \begin{array} { l l }
• 26.16 & 30.24
• \end{array} \right]\)
• B) \([ 20.70\)\( \quad\)\( \quad\)\(35.70 ]\)
• C) \(\left[ \begin{array} { l l }
• 24.85 & 31.55
• \end{array} \right]\)
• D) \([ 26.70\)\( \quad\)\( \quad\)\(29.70 ]\)
• E) \(\left[ \begin{array} { l l }
• 25.83 & 30.57
• \end{array} \right.\)

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Definitions:

Equipment

Tangible assets used in operations, not intended for sale, that have a useful life of more than one year.

Supplies

Consumable items or materials used in the day-to-day operations of a business.

Investments

Assets that are purchased with the expectation that they will generate income or appreciate in the future.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of the firm’s financial condition.