Our client asked us to compute a 97% confidence interval for the time it takes to build a house in Kamloops. There are 32 observations in our sample. The sample mean is 60 days.
a) What is the 99% confidence interval, if the population standard deviation is known to be 10 days?
b) What is the 99% confidence interval, if the sample standard deviation is 10 days
c) Find the 80% confidence interval, if the population standard deviation is known to be 10 days.