(Answered) Question 1 the parameters of the t distribution is area

Statistics

Question: 1. The parameter(s) of the t distribution is (are)

a. n

b. degrees of freedom

c. μ and degrees of freedom

2. A sample of 36 vacation homes built during the past 2 years in a coastal resort region gave a mean construction cost of $159,000 with a population standard deviation of $27,000.

a. What is the point estimate of the corresponding population mean?

b. Make a 99% confidence interval for the mean construction cost for all vacation homes built in this region during the past 2 years. What is the margin of error here?

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