Autotradercom would like to estimate the number of years, Ask an Expert

Economics

AutoTrader.com would like to estimate the number of years owners keep the cars that they purchased as a new vehicle. The following data shows the age of seven vehicles that were sold for the first time by their owners.

9 3 5 1 8 5 3

Using this sample, the 90% confidence interval that estimates the average age of cars sold for the first time is

(3.24, 6.48)

(3.78, 5.94)

(4.32, 5.40)

(2.76, 6.96)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91370517

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